Alright my dolls, you locked that SD and started getting that money, what y'all gonna do with it?
-don’t even think about spending the whole amount. I mean NO. No matter if you are sure that’s a steel deal you got yourself, remember your daddy can leave you any time. So -
-always take some of your allowance and stack it like it doesn’t exist, literally, DEAD, burnt. Have your own little rainy day trust fund, it can be your childhood piggy bank, I don’t care as long as those paper bills aren’t spent.
You are in a great position now yet how you gonna know what tomorrow can bring you? Maybe you will be in drought for weeks sometimes a month or more. Always be prepared.
-don’t get into that terminator spending mode as soon as those hands feel the paper. Do you really need them Chanel bags and Loubies? If you are really craving for it make your SD get em for you. But honestly, shoe/bag/clothes shopping will make you happy for a while, a car or a house/apartment shopping would make you a bit more permanently happy ? These are big goals I know however aren’t unreasonable and aren’t something so not possible to reach.
-first take care of your bills/rent/tuition/food supply, COVER your basic needs for the month, SAVE the rest. You would be amazed by the sum if you counted all of them bills spent on cute little things you bought yourself from sugaring.
-Keep the receipts and sum it up in the end of a month, if you aren’t going to keep track of your money who will? God? No.
-set up some bigger goals that you plan on reaching from sugaring. It’s maybe paying off that student loan, signing up for masters degree, saving up for your own place, investing in stocks or a small start up of your own. You name it. But I’m sure there must be something more valuable to you than the shopping sprees. Tend to be more friendly to your future.
-I saw a movie few months back, and there was this scene where a bodyguard of a rich guy asks these SBs hanging in the mansion how are they investing their money? What they all said-shoes and bags. And then he spilled the basic truth, What y'all gonna do with them shoes and bags in few years? Mr X will replace you all with them younger bitches and then what? You gonna live in ya shoes? Damn. Opened my eyes. You ain’t gonna be sugaring forever.
-if you HAVE a vanilla job, don’t even dream about leaving/quitting! NO. No matter what or how good your SD is. No matter what he promises to you no matter how much money he gives you. THAT is NOT your PERMANENT INCOME. Allowance is your little/big lottery ticket you are getting every month/week. Treat it like one. It CAN be a losing one just from next time.
-be a HOE but a smart HOE. Always mention to these SDs your actual goals for your future, he is more likely to spend and help ya out with that education/business venture for example than he’ll be interested in spending on some flashy superficial stuff. I’ve learned that hard way.
-think about the way you get your allowance (wire transfer, pay pal, cheque etc) this does vary on a country you live in but CASH will always be the good old almighty cash.
-if he gives you a card, don’t buy everything you see! Take cash from ATMs and stack it. If that card is really at your disposal use it SMART. Pay your groceries with it, bills if possible, replace a thing in your home, help out your family if you are able. But don’t go on a crazy mall tour. Your SD won’t really give a damn how you used it, moreover you can earn bonus points if he notices you are spending it smart.
-I’m not saying that you should not go shopping eventually but be smart about it. Keep inventory of your wardrobe, do supply/demand chart. Do your supply renewal every 3 or 6 months. PLANNING is the mother of SPENDING. If you take care of your wardrobe it will always look fresh and new. Respect it. Remember- your bomb pussy earned that!
-you have stuff in your closet you haven’t worn a year? Great. Sell it online. It will clear up your space and get you some extra $$$.
-another tip on saving- don’t necessarily go all the time to beauty salons (if it’s not something mandatory you can’t do yourself), take some time and do your own mani/pedi, if you can style your hair (there’s some new brushes that literally do the straightening for you while using it, if I find a link I’ll post it) learn to do your own makeup. Don’t buy all the most expensive beauty products all the time, there are cheaper ones which are also good. Take note: BRAND sells the product. So don’t be a victim of someone’s successful advertising. Just because it’s a Dior cream it’s why you need to own it?
-stack as many SDs as possible, short time ones, regular ones, it means MORE money for your wallet.
-don’t show off, don’t bring that negativity out from people. It’s still bad energy and why would you possibly want to make yourself a problem or an unpleasant situation? E.g. Outing you to your friends family coworkers etc, list has no end. You DO NOT have to impress anyone! You live in your OWN skin NOT in other peoples EYES!
-if you can’t keep track of your finances/spendings hire an accountant, it will help you big time!
-take advantage of the sales when you are getting your food/wardrobe or whatever
-don’t be lazy and go to the restaurants all the time! LEARN how to cook if you don’t already know. I’m aware how delicious that home delivery is but the price of a single order could maybe cover more meals if you went to the supermarket. It’s ok occasionally ordering food/going out to eat but think how much you can save up just by cooking yourself.
-be bills and environmental friendly, which means that you don’t need to have all of your lights in the home ON all the time, take your charger out when finished charging your phone/computer, don’t leave your desktop running all day/night or on sleep mode. Same applies to your tv. Take showers instead of filling up the tub. You will be amazed how much all of that can reduce your monthly expenses! Now sum that up for a year! Oh, yes.
-instead of paying for a crazy expensive gym, go out for a run, work out at home/in nature, don’t be lazy and look up YouTube tutorials for different workouts that don’t include gym.
-use public transport whenever you can instead of taxis/uber/your own car (if you own one), take a bicycle if you can, it will do magic to your body and your bank account.
-learn the difference between your NEEDS and DESIRES. Your desire can be your worst enemy if you can’t control it.
-don’t hoard food! Do your supply AD HOC (when necessary).
-make list of all monthly expenses you have, write PROs and CONs for each. Ask yourself do you really need it every month? Cut all unnecessary things off that list.
-get a vanilla job if you already don’t have one!
Combine some of these tips and do good for yourself, doesn’t necessarily mean you have to follow up to the point rather customize it to your own convenience!
Be a smart Hoe with your money.