Hey Queens! So I've created a free Bills & Expenses Tracking Sheet for you all. Please feel free to print off as many as you'd like. It is a monthly sheet, so you may want to print off a few anyway. I want you all to feel more in control of your finances. I know sometimes we all spend so much on bills, we start to wonder where all of our money went. I hope this sheet helps! Please feel free to email me with any questions you may have.
Hey Queens! So I wanted to tell you all that if I knew then, what I know now, I probably would have at least $100,000 saved (exaggerating, but not really). I know that seems like a high number, but if you actually ever look back on how much you spend frivolously, you may find that you'd have a lot of extra money to do the things you've always wanted to do. I truly wish I had learned the importance of saving because I would have been better prepared when I walked out of my mother's house at the age of 18. I knew absolutely nothing about how to save (although it was always a thought), I definitely learned just how serious it was when I became a young adult. When I received my first job, I began putting work before school. Although I graduated with a decent GPA for my past high school years worth of work, if I hadn't been so knew to the idea of having my own money, I would have been more prepared for difficult times in life. My mother didn't have much while raising us, but she definitely made due with what she had and parents can only teach you as much as they've been taught themselves. I didn't wear name brand clothes like my friends and if I did, it was later on when the brand was no longer popular. I say all of this to say that black people are taught that we come from "slavery" and they don't explain much before that, then there comes growing up in projects and living off of government assistance. Once you finally reach the point of having your own money, it can be difficult to know what to do with it. Now if I had been wiser, I would've saved for my first apartment, college, or even some vacations that I wanted to take to celebrate my completion of high school. Unfortunately, that wasn't the case and because I hadn't saved I ran into financial difficulties. Since I know now, I will teach my children at a young age about the importance of saving, money makes the world go around and that's something that we all unfortunately have to understand. You can not feed, cloth, or have a home without money and if there ever is a time where my child decides to leave the nest and create a life for themselves, I want them to be as prepared as possible. Even if it begins with saving a few dollars every pay check ($5-10), it will become a habit and the more you are used to saving, the amounts that you save, will get bigger. It all takes time and serious practice, but you can teach yourself if you work hard at it. Unfortunately, in life nothing is handed to you, some have it better than others, but we all must work hard to receive the lives that believe we deserve.