World Simplest Money Management System
- April 2, 2018
- Posted by: admin
- Category: Business plans
Most people fear money like they fear losing oxygen.
T. Harv Eker says in “The Secrets of the Millionaire Mind”:
“Rich people manage their money well. Poor people mismanage their money well.”
I thought I understood money management — but not until I discovered a simple system that actually works.
Why You Need a System
If you want to grow rich, focus on earning, keeping, investing, and managing your money.
Managing without a plan is like driving without direction — you move, but don’t reach anywhere.
Many people say, “I’ll manage money once I have enough.”
Truth is, if you don’t manage what you have now, you may never have “enough” to manage later.
The 6-Jar Money Management System
Here’s the simplest and most effective way to control your money:
- 50% — Necessities Account
For daily living expenses — rent, food, bills, etc.
- 20% — Financial Freedom Account (FFA)
Use only for investments that build passive income. Never spend it.
- 10% — Education Account
Invest in your growth — books, courses, and learning.
- 10% — Long-Term Savings for Spending
Save for future goals — vacation, car, or big purchases.
- 5% — Fun & Joy Account
Enjoy your money — fine dining, small luxuries, and experiences.
- 5% — Give Account
Share your wealth — donate or help others. Giving attracts abundance.
What is Financial Freedom?
You’re financially free when your passive income covers your desired lifestyle.
When your money works for you — that’s true freedom
Final Thought
Money freedom doesn’t come from how much you earn,
But from how well you manage what you have.
Start today.
Because your financial future is in your own hands.
Disclaimer
The information shared in this article on Money At Work is for educational and informational purposes only. It does not constitute financial, investment, or professional advice. Investment options, returns, and risks vary for every individual depending on personal goals and market conditions.
Before making any financial decisions, please consult a certified financial advisor or planner to determine what’s best suited for your needs.