I did this and my finances improved

Hey Pulse Pals,

Ever feel like your finances are slipping through your fingers? Let's change that with a simple yet powerful strategy: INCOME SPLITTING. By dividing your income into separate accounts, you can manage your money more effectively and stress less about where it’s all going.

“To acquire money requires valor, to keep money requires prudence, and to spend money well is an art.” —Berthold Auerbach, poet

Here’s a quick breakdown of how I do it:

1. Essentials Account (50%): Cover your must-haves like rent, groceries, and utilities. This account ensures your basic needs are always met.

2. Savings Account (15%): Pay yourself first! Save for big goals, emergency funds, or future investments. It’s your financial safety net.

3. Fun Account (10%): Enjoy life guilt-free. Use this for dining out, hobbies, and entertainment. Fun is essential, too!

4. Investment Account (10%): Grow your wealth by investing in stocks, bonds, or real estate. It’s about making your money work for you.

5. Debt Account (10%): If you have any debt, allocate this portion to pay it down faster. Financial freedom is closer than you think.

6. Education Account (5%): Invest in yourself through courses, books, and workshops. Lifelong learning keeps you ahead of the curve.

Remember, these percentages are flexible and can be adjusted to fit your unique situation. It’s all about what works best for you! ??

Exciting news! In a couple of weeks, I’ll be launching a free Financial Notion Planner designed to make this process even smoother. It’s packed with all you need to help you stay on top of your financial game.

Stay tuned for more details in the next edition!

To your productive financial future,

Martin Otinga

I am Martin and I help businesses and entrepreneurs boost systems and productivity in just one week without juggling multiple tools by centralizing operations in a single system.

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