Did you know about the money magnet? Who has tried it out?

in #money7 years ago

I just came across an article talking about the money magnet.

money magnet.jpg

The money magnet is obviously working in the following way. Take 10% of all your income and take it to an account, which you will not touch anymore at all. It sound like just a simple saving advice. But obviously it follows the Parkinson's money law. If people think their money is disappearing the money magnet is helping to change their mindset and with this change of mindset the money will stay and not going to disappear. Now I started this week to install the money magnet. I was checking on my incomes and took 10% of it to another account, which I do not want to touch. I guess it now will take some time, till any impact might be measurable. Till yet I just see a growing account, but cannot spend on, if I want to keep the most important rule. Obviously the worst mistake you can do, is to touch this money. So here my question to you steemier, has anyone of you some experience with it? Would love if you can share your experience! Looking forward to it.

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I read about this in "The Richest Man in Babylon".

And did you consider to test it?

Frankly no.