No more stress of money management with this simplest tool!
Some of us are facing stress of money management, especially for those who are in debt.Free your stress now with this world simplest money management tool.
I learn this money management tool from one of the world class guru called T.Harv Eker, it help me a lot because it’s easy to apply and help me to get away from the stress of money management which created me lots of problems.
What you need to do now is,you need to prepare several jugs (or bank accounts if you have huge number of monthly income) and distribute your monthly income into several jugs below,
1) Financial Freedom – 10%
2) Play – 10%
3) Long-term Saving – 10%
4) Education – 10%
5) Give -10%
6) necessarily – 50%
Financial freedom account is a fixed account and you CAN NOT withdraw even a single cent from it because the money in this account is use for your investment in creating passive income,such as invest in real estate, stocks or businesses.Beside keeping the fix 10% of your current income,develop a habit to put some money in this jugs daily, even 1 or 2 dollars. Tip: save you daily balance coins for this jug. Do not ignore this small practice, it will shape your mind and help you to realize the important of financial freedom!
Play account is a MUST spend account, you need to finish the money in this account every single months.Why? if you do not know how to enjoy what you have reap, you will lost the motivation to continue to multiply your wealth.The Play account is the energy booster for you in creating wealth.Get a cup of coffee in the best coffee house in town, or having a dinner in the best hotel with your love one …you need to know how to enjoy your life in order to open the gate of prosperity and let the wealth continue to flow into your life.
Long term saving account is for something that you wish to get or achieve.Such as getting a new car, go for holiday,buy a new 60 inch plasma TV or get a branded swiss watch.If you are in debt, this is your “saviour” account.
For those who stop learning is like a living zombie, we need to keep learning and improve ourself.Education account
is for you to invest in business or personal development programs and resources.So you can equip yourself with knowledge and continue to breakthrough in your life.
The law of nature is you reap what you sow, the more you give the more you gain and millionaires know this secret.Give account
is for you to create values for society and yourself.Donate the money to charity or offering to your church, and you will see how the blessing will come upon you.
Necessarily account is for your monthly expenses on your food,bills,car petrol and etc..
As i said before, God already prepared the wealth for us.He is waiting to give us as much as He can if you can manage your money wisely.Some of you may ask this,” What if i don’t have income now?” My answer to you is, you need to start RIGHT NOW even start with 1 dollar a month,yes, 1 dollar a month! The reasons is to start building our money management habit, and start shaping our mind about the significant of financial freedom, as the millionaires said, you attract what you are focus on!
Go and get some new jugs and start kicking your ass to apply this simple money management tool, especially for those who are in the stress of money management.