{"id":490,"date":"2021-07-10T23:04:37","date_gmt":"2021-07-10T15:04:37","guid":{"rendered":"https:\/\/rexy.cafe\/?p=490"},"modified":"2021-10-19T21:20:10","modified_gmt":"2021-10-19T13:20:10","slug":"best-practice-of-6-jars-system-millionaire-mind-intensive-excel-file-attached","status":"publish","type":"post","link":"https:\/\/rexy.cafe\/best-practice-of-6-jars-system-millionaire-mind-intensive-excel-file-attached\/","title":{"rendered":"Best Practice of 6 Jars System &#8211; Millionaire Mind Intensive | Excel File Attached"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_51_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-65efa3513a114\" ><span class=\"\"><span style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-65efa3513a114\"  type=\"checkbox\" id=\"item-65efa3513a114\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/rexy.cafe\/best-practice-of-6-jars-system-millionaire-mind-intensive-excel-file-attached\/#Hard_to_Spend_Money_with_Actual_6_Jars\" title=\"Hard to Spend Money with Actual 6 Jars?\">Hard to Spend Money with Actual 6 Jars?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/rexy.cafe\/best-practice-of-6-jars-system-millionaire-mind-intensive-excel-file-attached\/#4_Steps_to_Execute_6_Jars_System_Easily\" title=\"4 Steps to Execute 6 Jars System Easily\">4 Steps to Execute 6 Jars System Easily<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/rexy.cafe\/best-practice-of-6-jars-system-millionaire-mind-intensive-excel-file-attached\/#6_Jars_in_Google_Sheet_Template\" title=\"6 Jars in Google Sheet Template \">6 Jars in Google Sheet Template <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/rexy.cafe\/best-practice-of-6-jars-system-millionaire-mind-intensive-excel-file-attached\/#Video_explains_6_Jars\" title=\"Video explains 6 Jars\">Video explains 6 Jars<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hard_to_Spend_Money_with_Actual_6_Jars\"><\/span>Hard to Spend Money with Actual 6 Jars?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Before I took the Millionaire Mind Intensive online course, I already read about the 6 Jars system in the book \u300a<a href=\"https:\/\/www.amazon.com\/Secrets-Millionaire-Mind-Mastering-Wealth-ebook\/dp\/B000FCJZ3G\" target=\"_blank\" rel=\"noreferrer noopener\">Secrets of the Millionaire Mind<\/a>\u300b. It is a brilliant system that allows you to always pay yourself first. But there is a catch. In modern society, we don&#8217;t always pay by cash. Sometimes we use credit cards, Apple pay, Paypal&#8230; etc. that aren&#8217;t in physical form. After a couple of months of experiments, I&#8217;ve found the easiest way to execute the 6 Jars system. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Steps_to_Execute_6_Jars_System_Easily\"><\/span>4 Steps to Execute 6 Jars System Easily<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<p class=\"step\">step 1<\/p>\n\n\n\n<p>Plan your monthly income with previous post &#8211; <a href=\"https:\/\/rexy.cafe\/mmi-online-course-review-6-jars-system\/\" target=\"_blank\" rel=\"noreferrer noopener\">MMI Online Course Review &#8211; 6 Jars System<\/a>. There&#8217;s no specific % for each account. You can always adjust the real number\/percentage based on your needs. Here&#8217;s the example : <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"926\" height=\"92\" src=\"https:\/\/rexy.cafe\/wp-content\/uploads\/2021\/07\/6-jar.jpg\" alt=\"\" class=\"wp-image-493\" srcset=\"https:\/\/rexy.cafe\/wp-content\/uploads\/2021\/07\/6-jar.jpg 926w, https:\/\/rexy.cafe\/wp-content\/uploads\/2021\/07\/6-jar-300x30.jpg 300w, https:\/\/rexy.cafe\/wp-content\/uploads\/2021\/07\/6-jar-768x76.jpg 768w\" sizes=\"(max-width: 926px) 100vw, 926px\" \/><\/figure>\n\n\n<p class=\"step\">step 2<\/p>\n\n\n\n<p>Then use different bank accounts to control and separate FFA, LTSS, and NEC accounts. This also means that I didn&#8217;t separate GIVE, EDU, and FUN account from the NEC account.  <br>A account : Financial Freedom Account<br>B account : Long Term Saving for Spending<br>C account : Necessity Account<\/p>\n\n\n\n<p>Of course, you could open exactly 6 bank accounts for precise purposes. The thing is that you find your own way of managing your money and be aware of what you spent on.   <\/p>\n\n\n<p class=\"step\">step 3<\/p>\n\n\n\n<p>Every month, when I received my monthly salary in the <strong>C(Necessity) account<\/strong>, 2 transactions will happen automatically.   <br>1. The FFA number 15,000 goes to A account.  ( Remember to invest with the strategy of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Asset_allocation\" target=\"_blank\" rel=\"noreferrer noopener\">Asset Allocation<\/a> )<br>2. The LTSS number 5,000 goes to B account.  <\/p>\n\n\n\n<p>The spirit here is to pay yourself first. <br>Let&#8217;s put it in formula \u25b6 Monthly wage &#8211; Saving(FFA) &#8211; LTSS(if any) = What&#8217;s left is your <strong>Disposable Income<\/strong><\/p>\n\n\n<p class=\"step\">step 4<\/p>\n\n\n\n<p>Only use the money in your C account and RECORD every single expense on the google sheet <a href=\"https:\/\/drive.google.com\/file\/d\/1jUNCL4lyqHgdnv2eGQa5UGaRDaSXryNr\/view?usp=sharing\" target=\"_blank\" rel=\"noreferrer noopener\">6 Jar Budget Template<\/a> I prepared for you guys. You will find out that you can always pay yourself first and still know where did all your spending go. <\/p>\n\n\n\n<p>It is very crucial that you find a bank account that can set up a recurring routine to make those 2 transactions <strong>(step 3)<\/strong> happen automatically every month. The concept was also mentioned in the book \u300a<a href=\"https:\/\/www.amazon.com\/Automatic-Millionaire-Expanded-Updated-Powerful\/dp\/0451499085\" target=\"_blank\" rel=\"noreferrer noopener\">The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich<\/a>\u300b. If we didn&#8217;t even notice the transactions is happening, then it&#8217;s way easier for us to keep this effort-free habit. After all, it&#8217;s human nature. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Jars_in_Google_Sheet_Template\"><\/span>6 Jars in Google Sheet Template <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Google sheet (Excel file) is down below. Remember you have to make a copy in your own google drive so that you can edit. <\/p>\n\n\n\n<p>Welcome to share \u25b6 <a href=\"https:\/\/drive.google.com\/file\/d\/1jUNCL4lyqHgdnv2eGQa5UGaRDaSXryNr\/view?usp=sharing\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/drive.google.com\/file\/d\/1jUNCL4lyqHgdnv2eGQa5UGaRDaSXryNr\/view?usp=sharing  <\/a><\/p>\n\n\n\n<p>Enjoy and leave a comment to let me know you like it or ask a question. = ) <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Video_explains_6_Jars\"><\/span>Video explains 6 Jars<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"ast-oembed-container\" style=\"height: 100%;\"><iframe loading=\"lazy\" title=\"6 Jar Wealth Management System, Secrets of Millionaire Mind, T Harv Eker\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/akLrhJnACao?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Hard to Spend Money with Actual 6 Jars? Before I took the Millionaire Mind Intensive online course, I already read about the 6 Jars system in the book \u300aSecrets of the Millionaire Mind\u300b. It is a brilliant system that allows &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/rexy.cafe\/best-practice-of-6-jars-system-millionaire-mind-intensive-excel-file-attached\/\"> <span class=\"screen-reader-text\">Best Practice of 6 Jars System &#8211; Millionaire Mind Intensive | Excel File Attached<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":1,"featured_media":1694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[7,14],"tags":[],"modified_by":"Rexy","_links":{"self":[{"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/posts\/490"}],"collection":[{"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/comments?post=490"}],"version-history":[{"count":5,"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/posts\/490\/revisions"}],"predecessor-version":[{"id":1706,"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/posts\/490\/revisions\/1706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/media\/1694"}],"wp:attachment":[{"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/media?parent=490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/categories?post=490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rexy.cafe\/wp-json\/wp\/v2\/tags?post=490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}