As promised, here is the Money System I was talking about in one of my previous posts about the financial fast. My goal is to manage my money in this way (see below). I was introduced to this system by a lovely woman by the name of Barbilee Hemmings. Barbilee has spent many years working with and training under some of the most influential people of our time, Jack Canfield, Dr John Gray, T Harv Eker, Dr Reverand Michael Beckwith, Bob Proctor and others. While working with these highly successful people, she learned a lot about success and creating wealth. I think she may know what she’s talking about…
Money System (heyyougetreal.com)
- 10% Future Fun – Never to be touched. Put in savings account or investment. Also investments into your future-invest back into business.
- 10% Let’s Give – 10% of income to offering or giving to charity
- 10% Let’s Play – spending. This account is meant to be spent – manis & pedis, trips, clubs, dates, etc. Spend on whatever you want.
- 10% Education – invest in your biggest asset – your brain or self – take classes, get books. etc. School supplies, etc.
- 10% Big Dreams – What are those things you always wanted?? – New car, new home, etc. Those big purchases you want to have.
- 50% Necessities – food, clothing, shelter. Only those clothes that you need.
Tips
- Track money and systemize it.
- Keep a log of how money is spent.
- Spend 15 minutes per day and record transactions that have happened during the day.
- Not having a recording of where money went can cripple a business from getting financing.
- Have some discussion around what you want to do with your dream money.
- Have balance around money – have enough space to be able to enjoy money.
**Challenge – get 6 jars and split every dollar earned into the 6 categories mentioned above. **
http://bit.ly/6MdWlb (money system here)
This is the direction I am planning to go with my wealth 
. What are your best financial management tips??
- Jas Living Healty-
