9953330565 Low Rate Call Girls In Rohini Delhi NCR
7jars
1. 7 Jars of Money
The Secret of Success in Managing Finances
2. This is the 7 Jars of
Money
according to T. Harv Eker's
Secrets of the Millionaire's Mind
3. 1. Freedom Fund
(approx 10-20% of your income)
• This is the money you invest
today so you can have financial
freedom in the future.
• You may use this fund in
business, stocks, bonds or mutual
funds
• Never spend this fund or you'll
get broke when you get older and
just rely on other people for your
expenses. You don't want to be
like that.
4. 2. Emergency Fund
(5-10% of your income)
• This is the money you keep to be
used in case of an emergency -
you need to suddenly repair
your roof, a house member gets
sick, or an unexpected expense
comes in.
• The amount should be 3-6
months of your monthly income
5. 3. Everyday Fund
(50-70% of your income)
• This is where your bulk of
money goes - in your everyday
expenses
• This might include your food,
clothing, travel, utilities
expense,
• This is the fund you need to live
and survive
6. Dream Fund
(approx 1-5% of your income)
• This is the amount of money
you keep for a specific dream -
you want to take a family
vacation, buy a new TV, or a
new car
• Be specific with your dreams so
you know what is your target
amount for that dream
7. Fun Fund
(approx 1-5% of your income)
• This is your reward to yourself
for managing your finances well.
• Spend it every month to relax
and restore your energy - go to
Salon, have a date with your
kids, spouse or parents
• You deserve it so treat yourself
in something special - anything
that can make you happy and
relaxed.
8. Education Fund
(approx 3-5% of your income)
• Don't be complacent with what
you know already, keep growing
by investing in books, seminars
or mentoring programs
• This would give you wisdom
that you need to reach success
• Grow yourself, grow your wealth
• Be an eternal student
9. Give Fund
(approx 5 - 10% of your income)
• This is the money you give away
to charities, unprivileged
families, or tithes to church
• You can tithe or donate every
month, or accumulate the funds
throughout the year so you can
throw parties to your favorite
institutions or give them food
and toys on Christmas season.
10. Please take note that:
• Percentages are not important, you decide on your
percentages for each fund depends in your current
state of income
• What's most important is you develop a habit of
planning where to put your hard earned money
11. If you don't plan for your finances,
others will do that for you
and you might not like the result.
