Read on Twitter
[THREAD]
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">MONEY MANAGEMENT https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1">https://abs.twimg.com/emoji/v2/... draggable="false" alt="0️⃣" title="Tastenkappe Ziffer 0" aria-label="Emoji: Tastenkappe Ziffer 0">https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">6 JAR METHOD.https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">
So you& #39;re earning some money now, what do you do with it?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❓" title="Rotes Fragezeichen-Symbol" aria-label="Emoji: Rotes Fragezeichen-Symbol"> Spend
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❓" title="Rotes Fragezeichen-Symbol" aria-label="Emoji: Rotes Fragezeichen-Symbol"> Save
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❓" title="Rotes Fragezeichen-Symbol" aria-label="Emoji: Rotes Fragezeichen-Symbol"> Invest
Too many people just increase their spending as they increase their earnings.
How do you know what to save, spend and invest?
[Cont..]
So you& #39;re earning some money now, what do you do with it?
Too many people just increase their spending as they increase their earnings.
How do you know what to save, spend and invest?
[Cont..]
Increasing you spending as your income increases is a poor persons mentality towards money. https://abs.twimg.com/emoji/v2/... draggable="false" alt="📉" title="Tabelle mit Abwärtstrend" aria-label="Emoji: Tabelle mit Abwärtstrend">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👎" title="Thumbs down" aria-label="Emoji: Thumbs down">
Before you spend what& #39;s coming in you& #39;ll want a simple money management system in place so you know what you can spend and on what.https://abs.twimg.com/emoji/v2/... draggable="false" alt="👌" title="Ok hand" aria-label="Emoji: Ok hand">
[Cont..]
Before you spend what& #39;s coming in you& #39;ll want a simple money management system in place so you know what you can spend and on what.
[Cont..]
So lets get started;
Your "jars" can be either bank accounts or physical jars if your bringing in cash.
[Cont..]
Jar https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> - NECESSITIES
In this account you want to put 55% of your income in here.
This will be used for things that as deemed as Necessary;
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Rent
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Food
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Energy
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Phone
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Direct Debits
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Other bills
[Cont..]
In this account you want to put 55% of your income in here.
This will be used for things that as deemed as Necessary;
[Cont..]
Jar https://abs.twimg.com/emoji/v2/... draggable="false" alt="2️⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> - LONG TERM SAVINGS FOR SPENDING
In this account you want to put 10% of your income in here.
This will be used for things that require a bit of forward planning;
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Big Purchases
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Rainy Day Fund
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Vacations
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Unexpected Medical Bills
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Emergencies
[Cont..]
In this account you want to put 10% of your income in here.
This will be used for things that require a bit of forward planning;
[Cont..]
Jar https://abs.twimg.com/emoji/v2/... draggable="false" alt="3️⃣" title="Tastenkappe Ziffer 3" aria-label="Emoji: Tastenkappe Ziffer 3"> - PLAY MONEY
In this account you want to put 10% of your income in here.
This will be used for things that are more of an every day purchase;
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Meals Out
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">New Clothes
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Cinema
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Spoiling Friends and Family
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Other Leisurely Expenses
[Cont..]
In this account you want to put 10% of your income in here.
This will be used for things that are more of an every day purchase;
[Cont..]
Jar https://abs.twimg.com/emoji/v2/... draggable="false" alt="4️⃣" title="Tastenkappe Ziffer 4" aria-label="Emoji: Tastenkappe Ziffer 4"> - EDUCATION
In this account you want to put 10% of your income in here.
This will be used for purchases for your education and self development;
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Coaching
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Mentoring
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Books
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Courses
[Cont..]
In this account you want to put 10% of your income in here.
This will be used for purchases for your education and self development;
[Cont..]
Jar https://abs.twimg.com/emoji/v2/... draggable="false" alt="5️⃣" title="Tastenkappe Ziffer 5" aria-label="Emoji: Tastenkappe Ziffer 5"> - FINANCIAL FREEDOM ACCOUNT
In this account you want to put 10% of your income in here.
This will be used for any purchases contributing to financial freedom;
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Stocks
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Mutual Funds
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Passive Income Vehicles
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Real Estate Investing
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Any Other Investments
[Cont..]
In this account you want to put 10% of your income in here.
This will be used for any purchases contributing to financial freedom;
[Cont..]
Jar https://abs.twimg.com/emoji/v2/... draggable="false" alt="6️⃣" title="Tastenkappe Ziffer 6" aria-label="Emoji: Tastenkappe Ziffer 6"> - GIVE
In this account you want to put 5% of your income in here.
This will be used for any kind of charitable giving
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Helping Out A Friend
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Feeding The Homeless
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Donations To Animal Sanctuaries
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Any Other Charitable Donations
[Cont..]
In this account you want to put 5% of your income in here.
This will be used for any kind of charitable giving
[Cont..]
Whether you have https://abs.twimg.com/emoji/v2/... draggable="false" alt="💲" title="Fettes Dollarzeichen" aria-label="Emoji: Fettes Dollarzeichen">100 or https://abs.twimg.com/emoji/v2/... draggable="false" alt="💲" title="Fettes Dollarzeichen" aria-label="Emoji: Fettes Dollarzeichen">10,000 coming in each week you& #39;re now able to split up your money and know at any time what you can spend
You can adjust the % as you earn larger sums as 55% might leave you with lot left over.
Increase the % on the FF Jar first.https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
[Cont..]
You can adjust the % as you earn larger sums as 55% might leave you with lot left over.
Increase the % on the FF Jar first.
[Cont..]
Congratulations! https://abs.twimg.com/emoji/v2/... draggable="false" alt="👏" title="Applaus-Zeichen" aria-label="Emoji: Applaus-Zeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👏" title="Applaus-Zeichen" aria-label="Emoji: Applaus-Zeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👏" title="Applaus-Zeichen" aria-label="Emoji: Applaus-Zeichen">
You are now 1 step closer to financial freedom.https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
Last thing to point out is if you are self employed and are yet to pay tax& #39;s I would add a 7th Jar and put the relevant % in there before you do the 55/10/10/10/10/5 Split.
Be preparedhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🤓" title="Nerd-Gesicht" aria-label="Emoji: Nerd-Gesicht">
[Cont..]
You are now 1 step closer to financial freedom.
Last thing to point out is if you are self employed and are yet to pay tax& #39;s I would add a 7th Jar and put the relevant % in there before you do the 55/10/10/10/10/5 Split.
Be prepared
[Cont..]
You can turn your Twitter account into an automated money-making machine!
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> Create your own eBooks
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> Grow a Twitter audience
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> Make money out of your own products or someone else& #39;s product.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> Earn while you sleep
Get Twitter Cash Flow Now!https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten"> https://bit.ly/TwitterCashFlo ">https://bit.ly/TwitterCa...
Get Twitter Cash Flow Now!
