T. Harv Eker’s Money 6 Jar system – Effective Method to Save and Become Rich

T. Harv Eker’s Money 6 Jar system

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Are you struggling to manage your money? Not knowing where your money is going? Don’t worry in this article I am going to explain 1 wonderful free technique and easy to implement process step by step.I highly recommend T. Harv Eker’s Money Jar system to anyone who wants to obtain financial freedom. We can call it as the very effective money management method.

I found this technique from the T. Harv Eker’s “Secrets of the Millionaire Mind” book which I recently finished reading. Actually, after reading this book I came to know how to manage money for Financial Freedom. This book discusses more of money jar system budgeting.

Why should you learn to manage Money?

First of all, let me tell the difference between rich and poor.
Rich people know how to manage their money.
Poor people don’t know how to manage their money.

“Wealthy people think Long term. Poor people think Short term.” Click To Tweet

So now decide if you want to manage money and become rich or spend your whole money and become poor.

I intend to discuss more the 6 JARS money management system in this post.
Let’s go through each jar in detail.

6 jar money management system

6 jar money management systemImage Source: for above money jar savings chart:  Smartaboutmymoney

Financial Freedom Account (FFA – 10%):

Also known as Wealth Building Account. This is the Golden Goose jar to lay golden eggs. It comes with “Pay Yourself First” financial principle. You can call it as your Passive Income. You should not spend this money. You can only use it to invest where you will get good returns and profits.

Play Account (PLY – 10%): 

Everyone wants to enjoy their life and have some fun in their life. Fun can be anything like traveling, eating good food in 5-star restaurants, weekend movies or anything. For that, you need to save 10%

Long-term saving for spending Account (LTS – 10%):

 You should save 10% and put aside for big purchases like cars, vacations. It can also be used as an Emergency Fund. If you are currently in debt, then use 50% of the jar to repay the debts.

Education Account (EDU – 10%):

It can also be called as the “Personal Development Account”. You can spend the money saved in this jar for educational purposes like to buy books, attend seminars in your niche.

You should definitely invest in this jar because “When your knowledge grows, your money automatically grows.”

Give Account (GIV – 5%):

 There is a saying that ” the more you give the more you get.” You can utilize this jar for giving charity to Orphanages, Temples, Non-profit Organisation. It is highly recommended.

Necessity Account (NEC – 55%):

This jar has the highest percentage of 55%. With this jar, you can utilize for everyday expenses like Rent, Fuel, Food. It can also be called as “Survival Account”

Rich people manage their money well; Poor people mismanage their money well. — T Harv Eker Click To Tweet


millionaire mindset intensive


How to Setup and Implement T. Harv Eker’s Money Jar System

There are 2 ways you can do it.

  1. Ancient Method: In this method, you need to buy 6 jars and label them accordingly.First of all, take 6 boxes from your house or purchase if you don’t have. The boxes can be of any size and there is no specific requirement for it.
    Just take 6 boxes and name it as below 6 jars section explained.
  2. Modern Method: In this method, you can open 6 bank accounts and maintain the money.Ancient method is more powerful than modern method because it will be visible to us. Opening bank accounts and maintaining is also time taking. Our intention is to start saving money. So Ancient method is highly recommended.

You Don’t need good money to start:

You may be thinking this jar system is for someone who is making more money.

No, you can start it even with 1$.

Don’t believe?

Let me tell you 1 live incident happened in Harv Eker’s Millionaire Mindset Intensive Program.
What did she do? She took $1 and divided it into nickels, dimes, and pennies. She put them into the six different jars as recommended. She had 10 cents to play with, so she went to the store and bought some bubble gum. She read the comic in the bubble gum and laughed. That was as much as she could play with at the time.

She saw that it wasn’t going to be enough, so she made it a point that every week she was going to double the amount she was putting in the jars.

The first week she put in $1.
The next week she managed $2, and so on and so forth.
Twenty weeks later, she was managing $100.

Now she is depositing $10000 per month using the millionaire mind money management system. So if she can start with 1$ you can also start with the same or more.

I highly recommend you to read this book for more detailed analysis, so that you can create more wealth and become financially free.

The habit is much, much more important than the amount. #harvekermoneyjarsytem Click To Tweet

Avail the book here

Final Thoughts:

So, this was the article about Harv Eker 6 money jar system about how to save more money and utilize it in a correct way. If you found this article feel free to share with your friends because SHARING IS CARING and it can help someone in managing their money.

If you loved this article comment below in the comment section about if you are going to implement this technique or if already implemented then with how much money you started. I started my jar system with 1$.


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  1. This is an interesting technique.
    I think I’m hearing about it for the first time.
    My husband would love to read this. Will share with him.

  2. A very nice informative article. The idea of saving really not so easy to execute but after finding this can think about turning the game in favor 🙂

  3. This is a great visual way to learn how to manage money! I myself strive to give 10% but other than that I aim to keep the same %’s! Good post!

  4. The money jar system…Love it. These kinds of tips are always helpful. Your statement about what differentiates the rich from the poor is spot on. People who earn well over $200k complain about being broke because they can’t manage their stuff.

  5. The 6 Jar Money Management System makes sense and seems very achievable. It’s really about knowing where your money and what you need to do for both the short-term and the long-term. Thank you for sharing!

  6. This is very interesting and makes me want to try it! I think dividing your budget up by these percentages is a great idea. Definitely going to implement this on our home

  7. Money management is something i now know should be taught to the younger generation. It is definitely something i missed and had to learn the hard way. You have some good tips.

  8. I really need this! I have to start saving and managing my money for my own future is I want to retire early. Thank you so much for this financial tips.

  9. I love how well you have divided up all the essentials. What a great jar system! Sounds like it could work and worth giving a try anyways

  10. A great tips to save money or managing money. I wish I can apply this. But I’m in the situation right now where my husband just want me to be a dependent to him that makes me so sad.

  11. I love this idea of a 6 jar money plan. There are so many things we need to save money for and spend money on and this is a great way to keep track of how you use your money.

  12. What a helpful post! Money can get complicated, sometimes you want to splurge sometimes you want to save every penny. Its great to have a system. Thanks for sharing! 🙂

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