![]() If you want to become financially free quicker, you should keep your FFA jar money with your FFA jar. If I earn passive income, where should I be putting that? It’s important to understand that if you pay down all your debt first before you are in the habit of managing your money, this most likely will result in a repeat of the debt pattern.īut if you can create a habit of managing your money first and then pay down your debt while managing your money, you’ll have a higher chance of staying out of debt in the future. Managing your money is a habit… and so is going into debt. And always always, always pay the minimum. You still manage your money! You’d use your LTSS jar to pay down your debt. What do I do if I have a lot of debt to repay? One time we had someone start with one freakin’ dollar! Guess what? She’s a multi-millionaire now.Īgain, the habit is more important than the amount!Ģ. Then the next month do $150 then the next month $200. We believe the habit of managing your money is far more important than the amount, so if you can’t follow the percentages to the tee, then take an amount you can manage and start there.įor example, $100 a month. It’s important to understand that the percentages we give are recommendations and ultimately goals for you to get to… not definitive rules. This is very common when first starting with the 6-Jar System. What if my NECESSITIES is more than 55% of my income? Click To Tweet Frequently Asked Questions (FAQ)ġ. But there’s much more to learn… The fastest way to do well with money is to manage your money well. Managing your money well is one of the key ways to truly becoming financially free. Then watch what happens in your life.ĭecide right now: Are you going to get 6 jars and start managing your money today?ĭeclare your intentions to the universe that you are going to turn your finances around right now and let us know how it’s going. Just show the universe you know how to manage $1. The fastest way to do well with money is to manage the money that you have well. If you mismanage your money, you will not get any more. The way the universe works is if you manage your money, you will get more of it. Reason #2 - Because the fastest way to to do well with money is to manage your money well. If you still can’t find the answer you’re looking for, jump to the Frequently Asked Questions below, or leave a comment at the end of this article! The habit of managing your money is much, much more important than the amount. Yes, if you are earning $1 dollar a week, you can do this system. ![]() How come I’m not suggesting a specific amount but certain percentages? It’s so that every single person, regardless if they’re earning $100,000 a week or $1 dollar a week, can follow this money management system. Right now you may be thinking, “I’m not earning a lot of money” or “my expenses are too high.”Īm I saying you have to put $1,000 into your accounts every day? No, I didn’t say that. Reason #1 - Because the habit is more important than the amount. So why should you start doing the 6-JARS System? The 6-jars system is one of the many strategies I highlight in my free webinar, The Fastrack to Freedom.Ĭlick here to watch my FREE training and discover the 8 critical elements to becoming financially free quickly! So what are these jars and what percentage of your income goes into them? You can use bank accounts or actual jars. It’s called the JARS money management system.īasically, using this system, you split your money up into six different accounts, and you have percentages of your money to put into each account. At my Millionaire Mind Intensive course, and in part of my book Secr ets of the Millionaire Mind, I teach a very effective money management method- designed specifically to get you to financial freedom.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |