Geared investments- Money Jars

A revolving mortgage requires that you use a credit card and pay it off at the end of the month. You don’t pay interest on money in your accounts so during the course of the month money while you've spent with your credit card money in your income account has built up and you won’t have to pay interest on the amount of the money borrowed.

45% Expenses

• regular payments
  
• mortgage repayments
  
• car payments
  
• gas
  
• power
  
• mobile
  
• internet
  
• groceries
  

15% Play Account
If money hasn’t been spent in this account by the end of the month it must be spent.

• shopping
  
• skydiving
  
• rock climbing
  
• personal trainer at the gym
  
• travel
  
• haircuts
  
• gigs
  
• coffee
  
• takeaways
  

15% Education

• 50% Degree
  
• 25% Toastmasters class
  
• 10% Saving for motorcycle license
  
• 15% Voluntary payments towards your student loan
  
• 15% Investment
  
• Business entity and bank account should be set up and used for this ..
  

10% Savings (Low risk cash assets)
Emergency Fund x3 Months Salary 
70% Term deposits
30% Voluntary  towards KiwiSaver

10%  Invest in yourself
Investment property as well as other business ventures
(If money is made from this account buying and selling recovered original investment plus profits should return to this account.)

10% Invest in someone else
Shares, stocks, managed funds