Thursday, January 29, 2009

MONEY JARS

The World's Easiest And Most Effective Money Management System
  1. FINANCIAL FREEDOM ACCOUNT (10%) - for saving and investment to generate more money
  2. LONG TERM SAVINGS FOR SPENDING (10%) - for an expensive item like going for holiday or buying a plat-screen LCD TV
  3. NECESSITIES ACCOUNT (55%) - for all your daily expenses
  4. EDUCATION (10%) - for investing on your own or children education
  5. GIVE ACCOUNT (5%) - for contributing to others
  6. PLAY ACCOUNT (10%) - for celebrating your success

Source - NST

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