February 2008


This is Part 3 of our series: Personal Money Management for Wealth Builders.

Part 3 involves getting your money flowing into the right channels. Although there is obviously room for adjustment as your incomings, outgoings and personal circumstances change, a good baseline is this:

Divide your total net income as follows:

  • Save 10%
  • Invest 10%
  • Tithe 10% (give to charitable causes)
  • Live on the rest

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Hey there wealth builders!

Time for a little shameless self-promotion here…

One thing I’ve learned is that promotion is essential for any business, no matter how you do it - (within reason, of course!) ;)

That being said, my new online info-store, RobJam.com, is now up and running with hundreds of great products from Clickbank and other sources - including my own self-empowerment e-book, Your Passion Point.

And check this out:

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Here we go with Personal Money Management for Wealth Builders - Part 2:

Part 2 is closely related to our previous post, “Creating a Budget” and can be summed up in one short sentence:

Account for everything you earn and spend.

This is simple common sense. Good accounting helps you see where your money is going, which in turn helps you use it in the best ways possible!

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