Millennial Millionaire in the Making

I’m a 27-year old single gal with no kids. I casually date here and there and obsessively seek ways to better myself personally, mentally, spiritually, and financially. Sorry to break the news to ya, but we will not be talking about my dating life. It’s not up for discussion! lol What I will let you in on, however, is my finances.

When 2017 began I dedicated myself to actively build my wealth and track my finances. While I was sitting in my home office doing my accounting, I thought that I should share a few things that I’m currently doing to build wealth.

Most articles preach about credit card debt and impulse buying. I never had any credit card debt (only college debt), and if I’m going to the mall I’d more than likely come out with food before clothes. Many articles also talk about retirement as well. The thing is, the idea of saving for retirement is a little hard to wrap your mind around when you’re young. If you didn’t have parents who sat you down to explain it, it’ll be a little hard to convince anyone that starting now is the best thing you can do for yourself as a twenty-something year old. I’ll come back to saving for your retirement later, let’s move on for now.

There’s a saying that I repeat to my Facebook audience when I’m discussing money. That saying is, money disappears from those who has no plans on what to do with it. My point being, if you don’t have a plan for your money every 2 weeks when your paycheck hits your account, it will go quicker than you can sneeze.


Here’s a scenario. Let’s say you’re someone like me. You don’t spend much on clothes or entertainment. You’re casually dating, and when I say casually dating, I don’t mean you’re out on dates a lot. I mean there maybe 1 or 2 people you’re interested in and you’ve both found other ways to enjoy each other’s company outside of spending a $100 each time you meet. PSA: Dating is also an expense!

Moving on… You work a regular 9-5, you make sure your bills are paid, and you’re always left with about 2-3 hundred dollars to spare. Not bad, but you can’t seem to build a reputable savings account. What can you do with what you have right now, to not only build a strong savings account but to also have a little play money on the side?

Let’s practically break this down.

Point #1 Track every dollar you spend

You know the 3-5 dollars that you spend on coffee every morning without thinking or the $1.50 burger you quickly pick up through the drive-through? Those few dollars are severely hitting your account more than any other $30-50 purchase (to splurge), although you tumblr_m5h1ywslUS1qcz4s2o1_400think you’re saving money by eating a $2 meal. In this case, it’s not about the amount. It’s about the fact that you’re blindly spending without thought or any real reason. The $50 facial and spa that you paid for because you had a rough couple weeks was thought about. You looked around and compared prices. You found a Groupon or asked a couple of friends to come with you for a group discount. Again, it’s less about the amount of money spent and more so about how you practice spending your money. It’s possible that your daily coffee and $2 meal purchases supersede your once in a blue moon $30-50 purchases. Let me tell you, $1.50 burgers add up! Track what you spend.

Point #2 Properly Save

Depending on how much you make, always put a percentage of your paycheck in a savings account. You should have a minimum of $1,000 in savings in case of emergency AT ALL TIMES. Make it clear to yourself that a saving account is for emergency purposes. It’s not extra money you have to spend. Never touch your savings, even if you really need it. Oh, and FYI, being short on your rent or phone bill is not an emergency. You can borrow $200 from a friend. Leave your savings alone! It’s for emergencies ONLY, nothing else.

(Some may say that rent is an emergency, I say NOT WHEN YOU HAVE A PLAN AND BUDGET it’s not.)

Point #3 Take care of your credit If you have student loans like me, start making minimum payments on it. You can make payments as low as $5 a month. Bank accounts as well. If you have money you owe, call them up and begin a payment plan. Even though you’re swimming in debt, proof that you’re paying it off ON TIME counts for something. If credit card debt is something you need to tackle, click

P.S. If credit card debt is something you need to tackle, click here.

Point #4 Retirement

Open an IRA, even if you have a retirement plan at work. Some may say, you’re not old today, why start now? Easy answer, whatever you put towards your retirement today can possibly double if not triple when you’re quote on quote old. More importantly, your contributions may be tax-deductible (depending on your income), but your eventual withdrawals will be treated as taxable income. Click here to read more. The earlier you start the better.


Here’s what you can do RIGHT NOW!

Start with creating both a personal and operating monthly budget. Write down the prices of all of the things you need to be in tip-top shape every single day. You’re operating budget should list your monthly rent, car payment, phone bill, and health insurance etc. Your personal budget should entail things like hair, clothes, travel, and the cost for personal education (books, online classes) etc. The difference between your personal and operating budget is that one has a list of needs, the other wants. Once you’ve created both lists, you can accurately make decisions on what you can minimize in order to keep more money in your pocket.

Personal Budget Example: If you need a suit for a work trip go to Goodwill instead of buying a brand new suit. Besides, you should always have ONE tailored expensive suit in your closet. For the ladies, instead of buying hair and then paying someone to do it, either learn how to do it yourself or get creative with the hair on your head.

Operating Budget Example: Always, always be on the search for better deals! You can negotiate things like your health or car insurance. All you have to do is ask! Google for better prices, call up your provider and get to work. *Bonus: If you’re mainly using your phone for work, ask your job if they’ll pay for it or if you’re a business owner you can write off your bill.

Next Steps: Go to and open an account to start saving for your retirement. It’s really easy to open up and all of the information as to how it works is there.

There you have it! That’s it for now. This is what I’m actively doing to build my wealth. I think I’m going to do a part 2 on how to increase your income without having to ask for a raise. Who knows? You may even get to hand in a 3 weeks notice. Stay tuned!


Building wealth and making a comfortable income is not as hard as you think. I promise you, you don’t have to bust your ass to get the job done. It’s all about working smart and not hard!

Now that you have the information, apply it.

P.S. If you know of any other tips, please share! I’m always looking for better ways to save or to increase my income.

P.S.S. Check out Checkbook on Facebook for great times on how to save.

The Fool & His Money Will Depart

Have you ever thought about what you’ll do if someone were to wire $600,000 into your bank account?

No? Okay. Let’s make this more realistic.

Say, $50,000… Do you know what you’ll do with $50,000?

Let me guess, you’ll pay off some debt, give some to your parents (buy them a house), and splurge a bit. I mean, it’s your money, right?

Well, here’s why you’ll lose that money quicker than you can say Sarah Lee.

Let me make this clear first.

There’s nothing wrong with doing any of the three things I mentioned above. Seriously!

Pay off your debt and please, give your mom and pop something, or you’re going to hell (that’s not in the holy book, but it should be!). I’m saying… 

But here’s the real reason why you’ll be among the plenty who’ve received a ton of cash and have nothing to show for it.

>>>P L A N N I N G!<<<

Have you written down what you’ll do with $10,000? How about $1,000? Better yet, a $100? 

Are you catching my drift? 

The money (receiving a ton of money) is not the issue. Not knowing what you’ll do with it is. 

Money without a plan has no value. 

Where there’s no order (a system where you can keep track of penny) it will go everywhere. Literally! Sooner or later you’ll be wondering where it went. #AFool&HisMoney #Exiting

So again, if someone wired $600,000 to your account right now, what would you do with it?


*That’s me telling you to get off your device and pick up a pen and paper and WRITE DOWN WHAT YOU’LL DO WITH EVERY PENNY! If you’re serious anyways.


Listen to me, because I know everybody is trying to be wealthy and retire early.

You must plan for a wealthy, successful, and prosperous life.

Because you’ll get the money, the perfect partner, and all the material success your money gives you access too; but, can you keep it?

Write out every detail (down to the last penny).

P.S. By doing so (writing out a plan of action, a POA) you’re signaling the universe to somehow make it possible for you to access that kinda money. By the time you do, you’ll be ready!

Credit, credit, credit! Blah, blah…blah?

I got a letter yesterday in the mail and bam! My credit score was at the bottom and it seems as if it took another hit. I was doing so good too. What, why, and who did this?! Can you guess? Sallie Mae! smh

I’m a 26-year-old college grad , and now homeowner, who decided a year ago to rip up all of my sustainable finances to pursue a life I felt was fit for me. Now, I’m here. Completed tailored into a more self-sustaining woman and business woman than I thought (keyword, thought) I was before.

It’s daunting to outsiders, but to me? Adulthood is complete…you know what!

No, I was never one of those young teenagers and pre-young adults who took out credit cards and paid for useless depreciating things–  as society likes to display every young and vibrant individual to the world. Lets not mention that young people are their target audience. We won’t get into that, though.

Before writing this post, I had to make a choice. Do I dog the cost of education and the quality of it, or do I dog the lack of resources provided? Hmm…

Well, I’m going to do neither. I believe that every individual, when lacking knowledge in any form or fashion, has the responsibility to learn what they did not learn. It sucks, but after a certain age IT IS YOUR RESPONSIBILITY TO LEARN IT. Did I mention that it sucks?



Facing your debt and figuring out how you’re going to tackle it is very scary. But, if debt scares you so much that you choose not to deal with it, it has done its job and ultimately debt has indefinitely won.

Brittany, 30-year-old lawyer living in the Seattle-Metro area, shares a tip on how to handle debt. I’ve heard of the Snowball method before, but after receiving that letter yesterday, her blog post couldn’t be more timely.

Checkout her blog post that explains, What Is The Snowball Method.

Take it from me… Don’t be a pawn for profit! Take a step towards eliminating your debt.

Financial Literacy Pt. 1

Hello readers!

I know it’s late, but the chaos seems to die down around this time and my flow state is currently at its peak and I want to Share something with you all.

Since the summer I’ve dedicated my life to money. Not so much earning, well yes I want to make my money bend and curl in stacks, but I more so made a dedication to learning how much works.

Financial literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others.

Everything has a system and the most mysterious and hidden (not really but you get what I’m trying to say) is money. Not necessarily how to make it, but how to KEEP IT!


As I increase my financial literacy I want to help you increase yours too. Because we never learned about investing, money management, or how to apply those two factors towards benefiting from our taxes in school, naturally – due to ignorance, we’re in debt.

I just found out that college debt is the worst debt to accumulate. I wish somebody would’ve told me that before I took out nearly 45-50 thousand dollars for school – don’t ask. All in the honor of a degree. Ha! smh Dooped.

To kick off this financial literacy talk, since we’re on education, I want to first let you know about EdX and coursera where you can take free online courses from top universities like Harvard, Columbia  & more.

“The more you learn, the more you earn.”-Tai Lopez

I’m taking a Spanish course, AP Physics I, Social Psychology, Philosophy I, and more. They also give you an option to receive a certificate for only $50. There are top PhD professors and specialists taking courses from these two outlets.


DISCLAIMER: I am NOT a financial adviser, nor stock broker. Do your own research, as I do my own. Don’t take my word for it. I’m only giving you crumbs to nibble on. PLEASE, PLEASE DO YOUR OWN RESEARCH! I also welcome the comments of experienced financial and investment gurus. I want to learn as much as I can, and I’m sure my readers do too.

***Financial Literacy Tip:

As stated by The Black Hedge Fund Group: This week 234 U.S. corporations will be issuing dividend checks – I’m sure there’s more internationally.

Dividends checks= Passive and residual income–making your money work for you.

Google dividend producing stocks and research your options to opening a brokerage account (which are taxable as opposed to an IRA/401(k) – tax differed).

Allan Greenspan said, “The number one problem in today’s generation and economy is the lack of financial literacy.”

Well…I got you covered!