Why Physical Money JARS?
I’ve had a few people ask me why I have the physical jars sitting on my desk. Some have asked, “Steve, do you actually put money in those jars?” The answer is, ‘it depends’. Let’s explore the question in more detail. Currently, I have setup the jars electronically so that all transactions are completed automatically on a monthly basis. Most of the work is done online. From this stand point you might think that there is no need for the jars. One of the reasons I have the jars on my desk is because they help me build the habit of managing extra money. Keep in mind that visual is memorable. The jars are a physical reminder of where my money is going. Sometimes I run into extra cash or happen to find change in my pocket when I get home from work. When this happens I place the cash into one of the jars. Most times I’ll place the money into the FFA jar -the jar used to build our nest egg. The physical action of placing the money into the jar is important. Once I place the money into the jar
