6 Jars Money Management System

in #myanmar7 years ago

55% - Necessities
Use for rent, food, bills,

10% - Long-term Savings for Spending
Use for “rainy-day” fund, Big purchases, for those just-in-case scenarios

10% - Play
Use for leisurely expenses, sports, movies, entertainment. Treating yourself and family.

10% - Education
Use for books, courses, mentoring, coaching, etc.

10% - Financial Freedom Account
Use to invest, this fund will work for you towards passive income streams.

5% - Give
A spiritual, ethical and morally sound practice. Donate to funds that educate or improve others.

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