The practice of doing the 10 /10/ 10 rule with my money allocation has had a direct impact on my life in many different ways. It has built within myself a trust in the Universe, a trust in myself, and a new found self confidence in a way I never imaged or expected to be honest. I am very excited to share this practice with you and I hope you see the value enough to implement it in your own life.
What is the 10/10/10 rule?
It is a percentage money allocation. Each 10 stands for ten percent of your income allocated to a specific area. The 10 percents go to these three categories: giving, spending, and saving. So you are taking a total of 30% of your income and allocating 10% to each category.
Before I dive into the specifics of each category and the significance and importance of it, I first want to explain what money even is…
Money is purely a symbol. Money is an exchange of energy for value provided. It is a flow. There are many words we use when referencing money but the most common term associated with it is the word “currency. ” Currency comes from the Latin word “currens” which means to circulate, run, or flow. . Circulation means a constant movement. Since money is an energy flow it must always be in motion and never stagnant. If you stop the circulation by grasping onto the money that comes into your life by hoarding it, you will literally stop the circulation for more money to come in.
I want you to stick your hand out right now. Now with your hand out in front of you, I want you to make a fist and clench your hand shut. Now clench it even harder. Now imagine someone coming in and trying to place money in your hand. Where is it going to go? With your hand being clenched and closed off you are not allowing for more of that energy flow referred to as money to come into your life. If there is only one way in and never a way out energetically it can't breathe which eventually causes death in a sense.
Another example would be the Dead Sea in Israel. There is only one way water flows into the dead sea causing it to stay stagnant as there is no additional flow of energy out. Life literally cannot be sustained in the waters of the Dead Sea because of how pollutant and toxic the waters are to sea life. This furthers proves the need for energy to be in a flowing movement.
Money holds only the value you place on it. It will always reflect your intrinsic self worth or self value that you believe to be true. If you feel good and value yourself highly it it the law that more money will find its way into your life.
Saving money is a crucial habit to get into. You work hard for your money and deserve to pay yourself first. By implementing a habit of always saving 10% of your income no matter what you are setting yourself and your finances up for long term success. Even if right now you are only earning $100 and able to save $10, that is still something!!
Over time as you stick with this discipline your money will grow and that number will only get larger and larger. This causes you to feel more secure as you have a larger cushion of money as well as your self confidence will grow because you are moving in the right direction in regards to being a master of your finances.
Money attracts more money. When you begin to save and it grows you will naturally attract more money into your life. You deserve to feel good about your money babe!
2. 10% Spend
I love this allocation of the 10/10/10 rule- It’s to spend ten percent of your income on YOURSELF! Because hey, the universe loves you and wants you to feel good, abundant, and enjoy life.
A lot of times people will have the mindset that they can't spend money on themselves, they even feel blame shame and guilt around it. If they are in debt people think that every single penny has to go towards their payments and they must sacrifice and suffer in the meantime. I am not saying to not be conscious and make smart decisions with regards to your financial responsibilities, what I am saying is you are not meant to suffer in regards to money. This withholding from treating yourself causes a feeling of “I’m not good enough, or I’m not worthy…” You and I both know that is bullshit!
It’s ok to spend money on yourself. In fact it makes the whole process more fun. If you allow yourself to spend the allocated money freely with no guilt or shame it breeds a natural feeling of abundance. Which in return creates more abundance and prosperity in your life.
Treat yo’self babe. You fucking deserve it.
3. 10% Give
“True fulfillment in life doesn’t come from what we get, it comes from what we give.”
Honestly I didn’t always feel this way. In fact, I used to be extremely selfish and self centered..That certainly wasn’t serving me.I now understand the value of contribution. ⠀
I believe there is more than enough resources for everyone.I don’t grasp onto things so tightly as I once did...And to be honest- I like the way giving feels so much more.
The practice of ‘tithing’ ( which literally means 1/ 10 or one tenth) has been around since the beginning of time. Giving of your money to those in need creates endless blessings to everyone involved. You are blessing those less fortunate then you with a gift, and at the same time you are spreading love and abundance into the universe. No deed goes unnoticed, ever. When you give, the Universe will bless you in return. Tenfold.
When I first started this practice of money management I didn’t know who to donate to but I understood the value of giving. I would go on go fund me and find people I connected with and choose to bless them. If I knew of someone personally that was struggling I would bless them with money. I still like to spread my 10% contribution to those I am drawn to help but a majority of my donations now go to a beautiful charity called ‘Bright Mothers.’ One of my very best friends actually founded this organization and it gives college scholarships to single mothers. I think this cause is absolutely beautiful and myself being a huge advocate of knowledge am more than honored to be able to contribute to them. If you would like to learn more about this wonderful charity please visit their website at www.brightmothers.org
Make this practice of the 10/10/10 rule a discipline a habit in your life. Make this a non-negotiable. Choose to operate from a place of abundance, always telling yourself “ The more I give the more I receive.”
Remember that money is an unlimited renewable resource. Wealth is all around us!