Most people think the economy is about how much money you earn in your job. That’s not true.

Most people think they are doing okay if they have a good amount in their checking account. That’s not necessarily true.

Many think it is embarrassing to negotiate or use coupons or coupon codes to save money; this is not true. Smart and rich people use coupons or coupon codes and negotiate to get more out of their money.

Honestly, what do you have to lose by negotiating? Nothing.

Where should you focus so that you are really centered on how to grow savings and then wealth?

Focus on the percentage of your after tax income you regularly put in savings (money market savings and certificates of deposit).

Start with our 1% Savings Plan if you don’t feel you have any room in your budget to start saving cash (see past blog entries or check it out at www.MiddleClassMoney.com).

What you earn is not as important as what you save out of your after tax income. You can also gain extra ground by talking with everyone who sends you a bill. Ask for discounts or reductions in the bill you receive. Be open minded to adjustments so you can reduce your spending and immediately add the savings to actual savings. Don’t just do it one time. Add the amount you saved to a monthly bill to yourself so you can grow savings faster.

Remember that checking accounts are money laundering accounts for other people’s money. Use any excuse to remove any extra cash out of this account and into your money market savings.

People all around you are spending beyond their means. This is future tragedy for their family. You can be different by focusing on how to generate more savings and live below your means beginning now.

We recommend that you work to build 15 to 18 months of expenses in money market savings and/or certificates of deposit.

It is all about developing your own plan to save regularly and invest in your family future.

You can do this if you pull together. Get your family together and start by brainstorming about how to reduce expenses, reduce debt and grow savings. You may be surprised by who contributes what to your overall success.

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!