Personal Finance – The Four Bucket System of Cashflow Control – Financial Freedom Made Simple

The four bucket personal finance system is the simplest way to control your cashflow and to begin building financial freedom. Many of us think that financial freedom is about having more money, and that certainly does help. However, it’s not until we begin to control the money that we have now that we get on the path to achieving financial freedom. Otherwise, we’ll make more and more money that we end up putting into a purse (or wallet) with holes in it. The problem is that many of us over complicate the task of controlling our cashflow, but the four bucket personal finance system makes it simple.

Here’s how: Why Simplicity is the Key to HUGE Success

The most effective systems in the world, those which empower people to achieve success on a large scale, are never complicated…they are simple. However, they do require a lot of work and discipline, which is the reason why so many of us chase after complicated and crafty solutions which will help us achieve success with little or no effort. Just think about the last time you read an advice book about success and said to yourself: “Okay, I must not be getting the whole story because that just sounds too simple.”

And off we go in search of something more sophisticated, which we think will get us there with a lot less work….in other words, the shortcut. What you’ll find is that the moment you stop looking for shortcuts and agree to take the simple path of hard work, you start building momentum and moving towards your goal faster. You see, the shortcut is the longest and most disappointing route to take when it comes to your personal growth and achievement.

So let’s look at the four bucket personal finance system and how it can make your journey towards financial freedom simple and rewarding.

What is the Four Bucket Personal Finance System?

The four bucket personal finance system divides your spending into four categories or “buckets” by which you prioritize your spending:
• Giving
• Investing
• Expenses
• Reserves (for future spending or emergencies)

Now, what makes all the difference in the effectiveness of the four bucket personal finance system is the priority of these four categories (this is where the hard work comes in). By putting expenses first, you can be assured that you’ll always be living and working JUST to pay your expenses. However, if you make investing or giving a priority, you’ll further increase your capacity to do both.

So no more shortcuts! You’re making WAY too much work for yourself. Use the four bucket personal finance system and make your achievement of financial freedom a reality.

How to Utilize Your Time Effectively in Order to Be Successful in Your Home Based Business

One of the key factors to increase the success that you have in your home based business is how effectively you are able to utilize your time. There are many people who always complain that there is not enough time one day to do exactly what they have to do to be successful in their business.

These complaints are just excuses because everyone who has been successful in the past had the same amount hours in a day. The key is to know how to utilize your time wisely and know-how to leverage it effectively. The best way to do this is just to organize yourself and create a schedule of the things that you need to do in order to be successful in your home based business.

For example if there is a certain way that you promote your business that you must do every day then make some time for it and create a consistent schedule that you must file on a daily basis.

By being organize you’re going to get an idea of the things that you must do on a daily basis that are going to help you be successful. Also the time that you use is going to feel like it’s a lot more because of the way that you have things organized. Organizing your time is one of the basic things to do if you are serious about being successful not only in a home based business but in anything that you do in life.

Once you become organize you’re going to start seeing the value of utilizing your time effectively and how much of an impact it has on you and on your business as well.