People always have good intentions. Did you ever notice? We all want to be skinny. We all want to be rich. We all want to achieve.
Most people won’t start.
If you don’t have a steady and regular savings program, you could be in more trouble than you think. However, it is easier to save regularly than you might think and you don’t have to save a huge amount of money to get on the right path. When you save regularly (with each paycheck), savings builds faster than most people think.
I like the saying, “We overestimate what we can do in a year and underestimate what we can do in ten.” Why? Because it shows how easy it is for us to give up. Once you understand that long-term is the only way to focus for higher success, your short-term progress will build faster than you think.
Consumers are pulling back on long-term purchases and the savings rate in the U.S. has gone up quarter after quarter, but it is starting to drop again. Why? Maybe it is like one of those diets where you try to lose (or save) a ton of weight. Doing too much at once causes rebellion.
Here’s the bottom-line:
You don’t have to save so much. You just have to do a steady and regular job of saving money. Start with our “1% Savings Plan” if you want to begin slowly. If you are unfamiliar with this, check it out in previous blogs here or at www.BoostMyWealth.wordpress.com. Or you can check it out at www.MiddleClassMoney.com.
It’s almost 2011. 2011!
Time to BEGIN a regular savings plan for your family.
What if you lose your job? What if you have a health issue? How long would recovery take you in an economy with almost 10% unemployment?
You should work to build 15 to 18 months of expenses in emergency savings today. Don’t have that? Don’t worry. Set goals. Start with our “1% Savings Plan.” Brainstorm with family about ways to save money. Look at every expense and work to reduce it by 12 – 15%. When you get a reduction in a bill, apply the money you “saved” or reduced to a steady savings program.
It will add up faster than you think.
YOU CAN CHOOSE
You can choose to take specific and steady actions to change your life, change the lives of your children and change the future of your family tree. Yes, you have the power yourself.
All the corporations, the private equity companies, crooked politicians and rich people can’t stop you if you really have a systematic plan that starts with regular savings and steady investment along with your regular bills.
If you are willing to take the time with your family to make a plan for reducing and then eliminating debt over time, you can gain more control over your finances and you can teach your children how to become wealthy over time.
If you are willing to make people work for the money you spend with them, you can build savings and then wealth.
These things are within your reach. You just have to start and you have to be encouraged.
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!