One of the key factor that influences your healthy and wealthy life you long-term is your finance. It would obviously be necessary for anyone to realize its importance and practice good financial managing skills. The best way to assist you to achieve this goal is the 6 Money Jar Method by T.Harv Eker.  

Money Management: 6 Money Jar Method

Basically, you’ll have to split your earnings into six different jars with different percentages like below:

1. Necessity Account (NEC – 55%)

This account is for managing your everyday expenses and bills. This would include things like your rent, mortgage, utilities, bills, taxes, food, clothes, etc. Basically, it includes anything that you need to live, the necessities.

2. Financial Freedom Account (FFA – 10%):

This is your golden goose. This jar is your ticket to financial freedom. The money that you put into this jar is used for investments and building your passive income streams. You never spend this money. The only time you would spend this money is once you become financially free. Even then you would only spend the returns on your investment. Never spend the principal.

3. Financial Freedom Account (FFA – 10%):

This is your golden goose. This jar is your ticket to financial freedom. The money that you put into this jar is used for investments and building your passive income streams. You never spend this money. The only time you would spend this money is once you become financially free. Even then you would only spend the returns on your investment. Never spend the principal.

4. Education Account (EDU – 10%):

Money in this jar is meant to further your education and personal growth. An investment in yourself is a great way to use your money. You are your most valuable asset. Never forget this. Education money can be used to purchase books, CDs, courses, or anything else that has educational value.

5. Play Account (PLY – 10%):

PLAY money is spent every month on purchases you wouldn’t normally make. The purpose of this jar is to nurture yourself. You could purchase an expensive bottle of wine at dinner, get a massage or go on a
weekend getaway. Play can be anything your heart desires. You and a spouse can each receive your own play money, and not even ask what the other person spends it on!

6. Give Account (GIV – 5%):

Money in this jar is for giving away. Use the money for family and friends on birthdays, special occasions, and holidays. You can also give away your time as opposed to giving away money. You could house sit
for a neighbor, take a friend’s dog for a walk or volunteer in your community or for your favorite charity.

Hard to spend money with actual 6 Jars?

Yet talk about financial transactions, there are plenty of ways to pay money, by cash and even credit card and Paypal. As a result, you may be overwhelmed with so many payables and expenses that you can’t keep track of all in one day. I’ve been through that! Fortunately, after a couple of months of experiments, I’ve found the best way to solve this problem: The 6 Money Jar Method together with the 6 Jars Excel.

Steps To Execute 6 Money Jar Method

It’s actually not too difficult to build up your own 6 Jars Excel system. If you build it manually, it would take you 4 steps to do, it may be complicated, however, the solution for all these problems is the 6 Jars Money Management App (6JMM). Download it today and get the precious experience!

22 thoughts on “Best Practice Of 6 Money Jar Method: 6 Jars Excel

  1. Pingback: 6 Jars Excel: Super Convenient Way To Track Your Cash Flow - ALAN AI VOICE LAB

  2. a web hosting says:

    Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my
    blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite some time
    and was hoping maybe you would have some experience with
    something like this. Please let me know if you run into anything.

    I truly enjoy reading your blog and I look forward to your new updates.

  3. http://bitly.com says:

    Thanks for a marvelous posting! I genuinely enjoyed reading it, you could be a great author.
    I will make certain to bookmark your blog and
    will often come back at some point. I want to encourage that you continue your great work, have a nice weekend!

  4. on scoliosis surgery says:

    Hello are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you require any
    html coding knowledge to make your own blog? Any help would be really appreciated!

  5. j.mp says:

    Hey there! This is my 1st comment here so I just wanted to give a quick shout
    out and say I truly enjoy reading your articles. Can you suggest any other blogs/websites/forums that cover the same topics?
    Many thanks!

  6. bit.ly says:

    I like the helpful information you provide in your articles.
    I’ll bookmark your weblog and check again here frequently.

    I am quite sure I will learn a lot of new stuff right here!
    Good luck for the next!

  7. it scoliosis surgery says:

    Hello There. I found your weblog the use of msn. This is a really smartly
    written article. I will make sure to bookmark
    it and return to read more of your useful info. Thank you for the post.
    I’ll certainly return.

Leave a Reply

Your email address will not be published.