Everything is relative, right?

Wealth is relative.

What is wealth anyway? Family that loves you. Sharing with your family. Teaching your children. That’s right.

This is why the focus of this blog is to encourage you to involve your children in your personal finance life. Show them that you are interested in learning new things and growing money aside from your basic living expenses (for the future of making your family life better).

Most of us shield our children from budgets, bills, stretching money and more personal finance basics because we think we are doing them a favor. But you are not doing them a favor.

You are cheating them of an education that could help them become wealthy over the course of their lives and build enough savings to live a better and more balanced life.

If you follow this blog, you know we are all about saving money. We are all about sharing strategy with family and helping them learn how to make money grow for them.

Simply by focusing on goal setting and steady and regular savings from your own paycheck, you will grow savings.

You know the basics if you hang out with us:

You should have 15 to 18 months of expenses in emergency savings (money market savings accounts and certificates of deposit).

You should focus some money each month – beyond minimum payments – on reducing debt. Check out past blogs on “how to deal with credit cards.”

We are not big on chasing credit scores. We don’t want people doing anything to mess up their credit scores, but we believe marketing has turned the world on its’ ear. Cash is still king. Focus on reducing debt and saving money regularly and you will be just fine.

Finally, find a way to invest in assets that generate more assets. Do this once you have your proper emergency savings fund (above).

And always remember: You can do this!

HELPING YOUR KIDS GET AHEAD

If you think I was born saving money, you are wrong. My family is filled with hillbillies from Louisiana. There are members of my family that don’t believe in 401ks or IRAs. I was not brought up to save and invest regularly and I have made every mistake you can think about when it comes to money. I have had to learn the absolute hard way how to get savings on track and make it a part of your life without killing your lifestyle. I have had to learn the hard way how companies mislead with marketing. It is my mission to share what I have learned about regularly saving with my own children and also share it with you. That’s why we have a lot of “free” (blogs like www.boostmywealth.wordpress.com and www.stickyasset.com/blog and groups on Facebook like “Coupons & Coupon Codes”)!

In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.

You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.

If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.

Thank you for reading our blog and good luck!

Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com

Connect with us on Facebook with these free groups:
“Coupons & Coupon Codes”
“Live The Lifestyle Your Family Deserves”
“Saving Money”