In the era of bank accounts and credit cards, it's really hard to manage our money.
Mugs app will change your habit of managing money and help you grow rich. Mugs app is based on the jar (bucket) money management system.
You can use the Mugs app for
1. Money management
2. Wealth management
3. Income management
4. Budget planning
What is jar money management?
If you have a very complicated management system, you’re not going to use it.
Jar money management is a very simple and effective system to manage your money. And if you want to learn how to manage your money properly, you should start using it.
The idea is to simply divide your income into jars or buckets. Each jar has its own purpose and you can set how much percentage of your income will go in each jar.
For example, the mugs app provides you following jars. You can also configure your own jars.
Keep a portion of your income for necessities, like bills, rent, food etc.
Save a portion of your income for future events, such as marriage, medical, or any other emergency.
Keep a portion of income for Investment, like stocks, property, gold etc. It will help you grow rich faster.
Keep a portion of your income for fun, like vacation, movie, shopping etc. It will bring joy and encourage you to earn even more.
This app itself configures jars according to your income. You can also configure jars as per your needs and lifestyle.
We have also given a page to track your investments and debts. So that you can visualize all your money in one place. When you can visualize all your money in one place, it gives you better control over your money.
Plan your budget with Mugs
You can use Mugs to plan your budget.
For example, if you want to save to buy a car. You can create a jar for it. And every time you earn, some percentage of income will go into this jar. Similarly, you can create multiple jars for marriage, house, child’s education, vacation etc.
This way you can manage your budget on a very micro level. And this is super easy to do with the Mugs app. You are going to love it.
Want to know more?
We highly recommend you to watch this awesome video to understand Jar (bucket) Money Management in detail. https://www.youtube.com/watch?v=K7uhGjsy5d8
This idea of managing wealth also have the following names
1. Jar money management
2. 6 jars money management
3. Bucket money management
4. 50 30 20 rule of money management
5. 50 30 20 budget rule
Don’t forget to download and reach out to us at email@example.com in case of any questions. We will add more features to your request, so please provide us feedback or suggestion.
Mugs app is completely free and without any ad. And works offline too. And Mugs app is certainly the simplest money management app you will ever see.