How to Make A Budget Using the 6 Jars Budgeting Method | Secrets of the Millionaire Mind Summary |
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📈 M1 Finance - https://m1finance.8bxp97.net/NextLevelLife Links mentioned in the video: Audible Free Trial (Includes 2 FREE Audiobooks) - https://amzn.to/2zEFqhT What Budgets Are Really Trying to Teach Us - https://www.youtube.com/watch?v=w9oe9ixNq9s How to Make A Budget Using the 6 Jars Budgeting Method | Secrets of the Millionaire Mind There's no doubting the fact that we all view and handle money differently and that's illustrated by the fact that there are so many different types of budgets out there to help us accomplish roughly the same goal, to teach us what is worth spending money on and to simultaneously make sure we're living on less than we make and that our futures are provided for. Regardless of whether you're working with a detailed budget, a reverse budget, a percentage budget, an automatic budget, a value or time-based budget, some sort of custom budget they're all working towards that same goal. Today we're going to be taking a look at one more percentage based budget known as the 6 jars budgeting method. We're going to be talking about what the 6 jars budgeting method is, as well as what I like about it, what I think should be kept in mind while using it, who this budget would be particularly good for and how it could possibly fail. If you enjoyed this video and would like to see more I highly encourage you to check out some of the playlists below and subscribe for weekly videos: Subscribe for weekly finance videos: https://www.youtube.com/channel/UCbsDR27rGCFdDKQVRl_tgEQ?sub_confirmation=1 All of my Personal Finance videos: https://goo.gl/3qMbXW All of my Financial Independence & (Early) Retirement Videos: https://goo.gl/R5JU8E All of my Stock Market & Investing Videos: https://goo.gl/swSUQN All of my Debt-Related Videos: https://goo.gl/9HkrtF All of my Budgeting Videos: https://goo.gl/D3iiSn All of my Side Hustles/How to Make More Money Videos: https://goo.gl/oQui48 All of my Book Summaries: goo.gl/xmWeaD SUPPORT THIS CHANNEL: Audible Free Trial (Includes 2 FREE Audiobooks) - https://amzn.to/2zEFqhT Bluehost (Web Hosting) - https://www.bluehost.com/track/nextlevellife/ ConvertKit (Email Marketing) - https://mbsy.co/convertkit/42219440 TubeBuddy (Online Tool I Use to Grow My YouTube Channel) - https://www.tubebuddy.com/NextLevelLife RECOMMENDED BOOKS: The Total Money Makeover - https://amzn.to/2DaB3Ox Rich Dad, Poor Dad - https://amzn.to/2SoMI0t The Millionaire Next Door - https://amzn.to/2CJpWuS The Index Card (Why Personal Finance Doesn't Have to Be Complicated) - https://amzn.to/2Q5Jz4h Retire Inspired - https://amzn.to/2D7L12Z Early Retirement Extreme - https://amzn.to/2yGKf9g Your Money or Your Life - https://amzn.to/2Q1Ryzd The Automatic Millionaire - https://amzn.to/2D9WfEk The Behavior Gap - https://amzn.to/2CLdWJm The Intelligent Investor - https://amzn.to/2PZtz3u #Budgeting #SavingMoney #6Jars Disclaimers: All opinions are my own, sponsors are acknowledged. Links in the description are typically affiliate links that let you help support the channel at no extra cost to you. |