The 4 Hustler Buckets
You’re finally making that cheddar? You finally making that green? What are you going to do with that money stash? Here’s some advice. Make sure you know how to handle your cashflow.
Cashflow is a very important discipline all hustlers should practice. Before you cop that Bentley, start building your Hustler Buckets. What the heck are the 4 Hustler Buckets?
There are 4 buckets you should always keep in mind for any income you have. That’s income from your crack hustle, from playing craps, poker, the J-O-B, bootlegging on the corner, pimping, investments, anything! Whatever income you make from any of your hustles, feed your buckets to make you even richer. Let’s face it, we don’t want to hustle our entire lives. These 4 Hustler Buckets will help you live that lazy lavish life you want.
Bucket #1: Stack Em’ Bucket (30%)
Put 30% of your income into this bucket. This includes CDs, Money Market, High Interest Savings Accounts, 401K, ROth IRA, Bank Accounts. The man has made us things we can use to make more money - the legit way. Take advantage. Hustle the man.
Bucket #2: Get Money Bucket (30%)
This can be investing in stocks, reinvesting back into your business that made you that money, other people’s businesses, real estate, etc. Depending on your tolerance, you can do high risk investments or low risk. As long as it’s an investment that grows. When you get profits from that, use the The 4 Hustler Buckets method again.
Bucket #3: Street Dream Bucket (30%)
This is a bucket to build your dream vacation, those rims, buying your wife that diamond ring (or cubic zirconia). Getting yourself those Rare Nike Air Jordans. Anything that loses value, but makes you hood rich, this is the bucket. It’s important to make sure you enjoy your money to make The 4 Hustler Buckets work.
Bucket #4: Play Bucket (10%)
You can spend it as soon as you get it. Cigarettes, liquor, McDonald’s, steel, ice, etc. This is money in your pocket. Carry it around because you’ll need it if there’s a crap game on the corner in your hood.
A lot of people say, “I ain’t got enough money after my bills”. Homey, if you have 10 cents, split that 10 cents 4 ways into these buckets. The earlier you learn and apply this, the quicker you get off the streets.
Use The 4 Hustler Buckets to allocate your income, and you’ll see yourself secure, happy, and rich. It might take awhile to get used to, but keep doing it, and teach it to others. Life will be so much better if you know how to manage your cashflow.
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It’s easy to cop, but we hustlers never make our green soldiers work for us. Good tid bit of reading. We need discipline and we need to put our money to work. Hood rich is dead.
great post. i agree with canadian king. we all can make money…but how are we to flip it to make more. kill the cigarettes…no sense in that.
I like how you broke that down that is very clever. I believe tht I will trythat. are the percentage used for after bills have been paid because Idid notsee a ucket for bill.
Illest peace ever. I am defintely going to use this, thank you for the amazing post man.
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In white man terms this would be
1.Savings 30%
2.Investment 30%
3.Expenses(Material/Long Term) 30%
4.Expenses(Instant Gratification) 10%
I like how you put it because this basically covers everything. Before I read this i was going savings, investment, pocket, and my “pool” which is where i put anything coming in first.
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