T. Harv Eker Jars Money Management System

I recently attended T. Harv Eker's Millionaire Mind Intensive Seminar. In the seminar they teach a brialliant Jar money management system. The basics of it is to split your income into the following categories (Jars / Bank Accounts):

FFA 10% - Financial Freedom Account (Long term savings for retirement)
GIVE 5% - Donations an charity
LTSS 10% - Long Term Savings for Spending (Any savings goals or fund for unexpected expenses).
EDU 10% - Fund for personal growth, development and education.
PLAY 10% - Used to spoil yourself and spend without feeling guilty
NEC 55% - Necessities, these are most of your day to day expenses and necessities.

My question is if any one else is currently using 22seven in a similar way or if you have any suggestions on how I could use 22seven to do the above mentioned?

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  • Hi Bernd,

    Thanks for sharing this :)

    It's always helpful to see new ways of approaching finances, so hopefully we'll see some interesting feedback on this.

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