2 Effective Budgets That Grow Your Money And Peace Of Mind

1. T Harv Eker’s Money Jar System For Single People

   I use this system for my own accounts and it is highly effective at getting you to feel wealthy fast!

   You need to have 6 different jars or accounts.

   Everytime you get income, it gets placed in your NECESSITIES account and take the AFTER TAX DOLLARS and do the following:

   FIRST – Pay yourself first
   10% – Take out 10% and put it in your Financial Freedom Account. This money stays in the account forever and only can be used for investing. You take out the interest and earnings ONLY.

   10% to Education – courses, books, seminars, and other activities that help you grow

   10% to Play – must spend all of this money every month on things that make you feel rich, this trains you to enjoy your money

   10% to Long Term Saving For Spending – save this money for your long term savings goals, like buying a car, going on vacation, buying property…

   5% – 10% to Give – for charity

   50% – 55% to Necessities – this is the left over after you’ve taken out the money for the other 5 accounts above

    

    

2. T Harv Eker’s Money Jar System For Married People

   This system is the same, except that you have 3 of them.

   There are 6 jars or accounts for each spouse and then one set of 6 accounts for joint money.

   For example, the wife has her money and follows the budget below:

   FIRST – Pay yourself first
   10% – Take out 10% and put it in your Financial Freedom Account. This money stays in the account forever and only can be used for investing. You take out the interest and earnings ONLY.

   10% to Education – courses, books, seminars, and other activities that help you grow

   10% to Play – must spend all of this money every month on things that make you feel rich, this trains you to enjoy your money

   10% to Long Term Saving For Spending – save this money for your long term savings goals, like buying a car, going on vacation, buying property…

   5% – 10% to Give – for charity

   50% – 55% to Necessities

   Then the husband does the same with his money.

   They BOTH contribute money to a joint account that also divides the money between the 8 accounts.

Conclusion

I use the money systems above and they bring me more money and peace of mind.

I’m actually updating this blog on Feb 16, 2016 and I can say that if you take the time and follow these systems, you will see massive changes in your life!

When I wrote this blog I was single, in debt, and worked a job at a local bank in Hawaii.

I’m now married, own 2 properties and 2 businesses and am full time homemaker and mom to our 7 year old son Jordan.

If you want my help in your financial Freedom journey, then CLICK HERE, check out my premier program Finance Freedom Mastermind and get started.