A healthy financial future isn’t about how much money you make – it’s about how you manage and plan. Learn some basic money management techniques to help get your finances in order, no matter your income. Let go discover the 6 Jars Rule by T.Harv Eker, which is the best method for good financial managers.
Why should you learn to manage money?
First of all, you should figure out the difference between rich and poor. Once you understand this fact, you will see the true importance of a good money manager. Since:
Rich people know how to manage their money.
Poor people don’t know how to manage their money.
“Wealthy people think long term. Poor people think short-term” the fact is this!
So now decide if you want to manage money and become rich or spend your whole money and become poor. Let’s discuss more the 6 Jars Rule in this post!
But before that, I intend to introduce to you our latest app 6 Jars Money Management (6JMM) which would be extremely helpful for you on your journey to financial independence! Curious about that? Let’s go and see!
Money Management: 6 Jars Rule
Controlling your finances can be a lengthy process requiring quite a bit of stubbornness. But in fact, money management doesn’t have to be such a troublesome task if you have the method of the 6 Jars Rule. The concept comes from the book “Secrets of the millionaire mind” by T Harv Eker, and its idea is really simple to understand. Basically, you just have to split all of your earnings into 6 separate jars, each of which will have a distinct function and serve a different purpose in your way to financial independence.
Let’s take a look at how the system process in the picture below.
You don’t need a good money amount to start
At first, people tend to think this jar system is for ones who are making more money. But in fact, you can start it even with 1$.
Let me tell you about 1 live incident that happened in Harv Eker’s Millionaire Mindset Intensive Program.
What did she do? She took $1 and divided it into nickels, dimes, and pennies. She put them into the six different jars as recommended. She had 10 cents to play with, so she went to the store and bought some bubble gum. She read the comic in the bubble gum and laughed. That was as much as she could play with at the time.
She saw that it wasn’t going to be enough, so she made it a point that every week she was going to double the amount she was putting in the jars.
The first week she put in $1.
The next week she managed $2, and so on and so forth.
Twenty weeks later, she was managing $100.
Now she is depositing $10000 per month using the millionaire mind money management system. So if she can start with 1$ you can also start with the same or more.
What I mean here is that: everything is possible even if it starts with only $1. You can do just excellent like her. To make it easier, you may need help from our latest app 6 Jars Money Management (6JMM).
6 Jars Rule: 6JMM App
This is the best budgeting app overall, which is appropriate for everyone. The 6JMM is investigated and built up by Alan Al Voice Lab. It bases on the 6 Jars Method by T.Have Eker, dividing your money into 6 different jars: Necessities, Financial Freedom, Long-term saving for spending, Education, Play and Give accounts.
The application will calculate your spending by day, week, month and extract the report to excel. Then it will suggest the ideal spending model for users to adjust.
Don’t miss your chance to approach financial independence with 6 Jars Money Management!