Wanna know the secrets of the rich people? The secrets of financially free people? The people who can live happily with just enough amount of money? Follow these strategy! ;)
Let's start from number 7. ;)
7. Emancipation Fund - freedom
*financially free
How? Put something in the emancipation fund which will be your retirement money
20% of your money = put it here
6. Emergency Fund - emergency (literally)
Banks (3-6 months of salary)
5. Everyday Fund - regular expenses
(70% of all your money)
* Should not increase or grow gradually
* Do not increase lifestyle when your income increases ^_^
4. Empower Fund - short term savings, specific dreams
(5-10%)
3. Enjoyment Fund
* it's not bad to unwind sometimes ;)
2. Education Fund - books, seminars
(5%)
* Grow wealth, grow yourself
* Next to tithing, invest
* Double your learning, double your earning
1. Eternity Fund - tithes (10%)
Prioritize God.
* Tithing is the longest term investment. Goes directly to heaven. ;)
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