At my Millionaire Mind Intensive course, and in part of my book Secrets of the Millionaire Mind, I teach a very effective money management method— designed specifically to get you to financial freedom — called the JARS money management system.
Basically, using this system, you split your money up into six different accounts, and you have percentages of your money to put into each account. You can use bank accounts or actual jars.
So what are these jars and what percentage of your income goes into them?
Let’s take a look in the infographic below…
The 6 “Jars” & How Much Money To Put Into Them
The 6-jars system is one of the many strategies I highlight in my free webinar, Fastrack to Freedom.
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The Habit Is More Important Than The Amount
A lot of people would say, “Harv, I’d love to do the JARS system, but I can’t do it because not enough money is coming in” or “My expenses are too high, there’s no way I can do these percentages.”
If you’ve been with me long enough, or know of me long enough, you know what I’m going to say to that, yes?
Am I saying you have to put $1,000 into your accounts every day? No, I didn’t say that.
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. Yes, if you are earning $1 dollar a week, you can do this system.
The Fastest Way To Do Well With Money Is To Manage The Money That You Have Well
I don’t care if you’re managing $100,000, $1,000, $100, $10, $1 or 10 cents. All that matters is you learn money management skills.
Right now you may be thinking, “I’m not earning a lot of money. I don’t even know how I could do this.”
So let me give you a prime example… a story about a woman by the name of Michelle Burr.
She was broke when she came to my course Millionaire Mind Intensive course. She said the money management portion was the thing that resonated with her, the thing that she absolutely wanted to work on the most. She didn’t know how to manage her money, and she didn’t have any money to manage.
What did she do? She took $1 and divided it into nickels, dimes and pennies. She put them into the six different jars and according to the percentages I recommend for this money management system.
She had 10 cents to play with (from her Play Jar — 10% of her income), so she went to the store and bought some bubble gum. She read the comic in the bubble gum and laughed. That was as much as she could play with at the time.
She saw that it wasn’t going to be enough, so she made it a point that every week she was going to double the amount she was putting in the jars.
So the first week she put in $1. The next week she managed $2, and so on and so forth. Twenty weeks later, she was managing $100.
Here’s the thing: The way the universe works is if you manage your money, you will get more.
If you mismanage your money, you will not get any more.
The fastest way to do well with money is to manage the money that you have well. Just show the universe you know how to manage $1. Then watch what happens in your life.
Miracles do happen.
Fast forward. Let’s see how Michelle is doing today. She is a self-made woman. She never gets a dime from anybody else.
Michelle has made many investments in real estate and other things. Michelle is a multimillionaire today. It wasn’t very long ago she was managing $1.
So don’t give me or yourself any BS about how you can’t do this.
Decide right now: Are you going to get 6 jars and start managing your money today?
Declare your intentions to the universe that you are going to turn your finances around right now and let us know how it’s going.
Want to discover exactly how I and others trained by me became financially free, and how you can become free too?
Then watch my FREE signature web class,
The Fastrack To Freedom:
“8 Critical Elements To Becoming Financially Free Quickly”
On this web class you’ll learn,
- My FreedomFirst formula that will help you never “have” to work again.
- The ugly truth about why most people don’t become free, and how to beat the odds with a simple mindset shift.
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This class is airing January 10th – 17th and it’s absolutely free to attend.
Just click here or select a time and date below that works best for you. See you there!
Do you have other creative and effective ways to manage your money well? What’s worked for you? Leave a comment below.
For Your Freedom,