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Showing posts with the label T. Harv Eker

I am a Money Magnet

I am a huge believer in continuous learning and growing. About 3-months ago I read the Millionaire Mind book by T. Harv Eker and attended his Guerrilla Business Intensive program in July 2008. It was pretty amazing. I learned a lot about money management and my relationship with money. It was a real eye opener. T. Harv Eker emphasized that wealthy people aren’t any smarter, they just have better money management habits. The most important part of money managing is separating your income into different accounts for specific purposes. Harv recommended that you have 6 separate accounts. He calls it the 6 money jars. Financial Freedom Account (FFA) Long Term Savings For Spending (LTSS) Education Account (EDUC) Necessities Account (NEC) Play Account Give Account Once your paycheck is cleared, immediately transfer your money to the different accounts. Harv calls it the World’s Easiest & Most Effective Money Management System. The percentage of money to be distributed are as follows: 10% ...