What Is Your Money Blueprint?

I was at T. Harv Eker's "Millionaire Mindset" seminar last weekend. It was an amazing experience.

Money blueprint... what is it? Each of us has a money blueprint that was developed through our experience and upbringing. We might not be aware of the beliefs but it has a profound effect on our financial success.

If you know people who can make lots of money easily and then lose it all, it's caused by something in their money blueprint. Or maybe you know someone who no matter how hard they work, don't make more than a certain amount of money. Again, the money blueprint is the culprit. It is also the reason why some other people succeed effortlessly.

The seminar is about identifying your money blueprint - you long held beliefs about money (you might not even be conscious of it), and then replacing your negative, non-supportive beliefs with supportive beliefs.

I'm going to share something very useful that you can start doing that would make a huge difference for you financially - the money jars. It's an effective way to manage your money. Divide your money between 6 jars and label the jars as follows.

Financial freedom account (FFA): This jar if for your financial freedom. Each month put 10% of your income in this jar. Money you put in this jar can be used to invest, start a business, create a passive income streams.

Necessities (NEC): Put 55% of your income in this jar for your necessities. It is for things like paying bills, food, necessary clothing etc.

Long term saving for spending (LTSS): Put 10% in this jar. You may have more than one LTSS jar. It's for things like a plasma TV, your family vacation, contingency fund, your children's education etc. If you have more than one LTSS, divide the 10% between the jars according to your priority.

Education (EDU): 10% that goes in this jar if for your own education. It could be used to attend seminar, buy books etc. Basically, it's for your continual education/learning.

Play: Allocate 10% of your income for you to have fun guilt-free. Use it to go to a fancy restaurant you've been eyeing, or a massage at a spa. Just do something fun. Let your inner child play.

Giving (GIV): Allocate 5% of your income to give to charity. If you want to allocate 10% for giving, take 5% off your NEC jar.

I don't care how much or how little money you have, start doing the jars. You will soon see the difference in you financial life.

Check out the seminars:
Millionaire Mindset Intensive in Asia
Millionaire Mindset Intensive in United Kingdom