5 things to invest in before Designer Items
Who wants to be an SB forever? The goal of being an SB is to set yourself up so you don’t ever have to worry about money again. Chanel bags, Dior glasses, and Louboutins are nice but they will not keep a roof over your head and food in your fridge. Have 2 or 3 key pieces of designer items that you switch out until the important things are taken care of, then go crazy!! :) Here are some suggestions, tips, and tricks on what to do with your allowance so you don’t have worries. 💁🏽
RENT/MORTGAGE (right away)
Your SD should minimally be paying your rent on a monthly basis. On any level, he should help you pay for your house, condo, or apartment.
Here’s a story about a friend of mine we will call her Candy. She’s had an SD for about 2 years, this man is generous to her in so many ways but one way he has been generous is buying her a $1.1m condo in cash in her name. Now Candy has a fully paid for condo in a major city and a roof over her head. I know and have been in shaky situations. Many SD can’t always be that generous. But on other levels, suggest your SD pay several months to years of your rent in advance. If he’s genuine this won’t be a problem and you will be stress free.
ROTH IRA/STOCKS/BONDS (right away)
Ladies, this one is important. Every month put money away, even the smallest amounts, into some type interest bearing account. When your money is making money, that’s where real wealth comes from. Be smart! We do not want to depend on these men for life. Even if we do choose to continue dating affluent men forever, which I definitely will 💰💸😍.
BUSINESS (after a few months/year)
Figure out some business you can start, and if you are not sure, ask your SD for help. He did become successful in some way. He either has the financial resources to make your business happen or the network. Tap into it. This will help you in the long run!
Having college debt is the worst, talking from first hand experience, so having your daddy pay for your college experience or cover debt you’ve already occurred will be great for your credit history and help you with your future.
BUILD YOUR CREDIT (after a few months/year)
Once you’ve built trust, you can ask your daddy to add you to his credit line. This doesn’t affect his credit and only builds yours. Especially if he’s paying for it, of course. This is a good option for some daddies who don’t want constant cash transactions. You can also have a combo of both, cash and credit. Be creative 💝
All of these tips, tricks and suggestions may not be found in one daddy. Have as many as it takes or one but ladies lets build our futures the right way! :)
P.S. My antidotes of friends and myself are all TRUE! I’m only sharing what I know. It’s not fiction.