Learn and apply the 10/25 rhythm

Instructions

  1. Deposit all revenue into your Operating Expenses account.
  2. Every 10th and 25th day of the month, transfer deposits to each different account.
    For example, if you have $10,000 in total deposits, 43% of that goes to the Operating Expenses account, 15% goes to the Tax account, 30% is for Owner’s Pay, and 12% goes to the Profit account.
  3. Transfer the total account balances for Tax and Profit accounts to ‘’no temptation’’ accounts. 
    Those are the accounts that are not easily accessible. 
  4. Take only what you have allocated as your biweekly salary from the Owner's Pay account.
  5. Pay your employees from the Employee Pay account.
  6. Pay bills from the remaining balance in the Operating Expenses account. 

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