How To Save Money & Change Your Financial Future || SugarMamma.TV

[@kfing1]

This works - saved $4k in 3 months with hard out saving. Debt no more. Now covered for emergency expenses and saving for the inevitable rainy days

[@SugarMamma]

Nice work, so simple and so easy, even fun. Well done, what are your next financial goals that you are going to achieve from your next $1,000 Project? xCC

[@kfing1]

Building income in the event that my contracting work runs out. Have been caught out before with being woefully disorganised, so building up cash reserves is an essential. I prefer putting coin in managed funds (growth/ethical investing) have built up good income streams and retirement investing that way. Planning to continue to build on the $4,000 I've put away by increasing to 8,000 by end of Feb next year. It makes you more chill having a reserve rather than dipping into credit cards and paying stupid percent interest. Thanks for the good tips.

[@sushs6616]

Thats so awesome. Loved reading this.

[@annafranklin4981]

Well you told me to set up a $1,000 challenge bank account AND I HAVE! Took 3 minutes over the phone with my credit union in my lunch break. Just finalising my first $2,000 for the new piece of furniture I've been saving for. All set to start for the next $3,000. Thanks, Canna! x

[@SugarMamma]

Go Anna!!!! I have a big smile on my face right now! xCC

[@melissadarcy3622]

Hi Canna, I've tried selling clothes on eBay in an effort to earn extra money and have had mixed results despite having good quality pieces, photos & detailed descriptions. Can you please make a video on how to successfully sell clothes on eBay? Thank you & thanks for this video :)

[@peekinmylife7713]

Hey :) You might want to look up Myka Stauffer on yt. She's got a video (two I think) up on that topic on her channel :)

[@liz_travels_theworld7660]

Make sure you have a high rated account. This can be done via buying a few cheap items on there and the sellers will give u positive feedback

[@SugarMamma]

I will see what I can do...xCC

[@NoraTKD]

Great tips Canna! You should be proud, saving that much money and investing it wisely is great and truly inspirational :) I am looking forward to the 1000 dollar project book! When are you planning to publish it? Keep up the good work xoxo

[@SugarMamma]

Hi! The book is coming out late Feb/March. I can't wait, I just saw the cover the other day and looks really good! xCC

[@NoraTKD]

YAY :D Good luck!

[@SugarMamma]

The book is hitting the shops in late Feb/March next year...I have proof reading the final draft this week! xCC

[@NoraTKD]

Wow, that is amazing! So proud of you! :) Looking forward to buy my copy of your book!

[@sushs6616]

I can't wait either... will await the launch to buy your book. Recently discovered your profile and just addicted to reading more .but need to put into action

[@raccooneyes2099]

i tried this earlier this year but failed miserably when i was laid off and down to a part time job.. bringing home under $120 a week. how sad is that! i had paid off my credit cards but then ran them up again just to buy things i needed. now i gotta start all over next year.

[@benaraholland9651]

Raccoon Eyes Stay encouraged. Things happen in life. Just don't give up!

[@mandshand8940]

Imagine though if you hadn't participated and your cards were maxed out when you were laid off.

[@SugarMamma]

No that isn't sad, that is inspiring, despite losing your job, you haven't given up, you have tried your best to keep going, even when it was $120 per week and that is admirable. There is nothing wrong with starting again. And that fact that you are ready to start again (when lots of people wouldn't) you know that you can actually do this. So once you have your debt paid off, you can start building up saving for emergency use. And you will have peace of mind knowing that if you ever lose your job, you won't end up in credit card debt again....my hat goes off to you, stay strong and you have this....xCC

[@Oyimtalkingtoyou]

your videos are so great! thankyou. so inspirational. I've got a stupid $4000 on my credit card because I waste my cash on eating snacks outside. I just checked my spending on the cba app and I spend about $400 cash per month on silly things!! and that's just the eating out...

[@SugarMamma]

Now that you know how much your spending per month challenge yourself to reduce it. Even if it just by $10 a month. xCC

[@stephiedxoxo]

You just go more motivated to stay on track with my savings! Thanks Canna!

[@SugarMamma]

My pleasure! xCC

[@maaikevandijk-bokkers944]

The one question I keep having is; if I save money, I consider it not 'extra' money. I spent less which is great but I won't get that money out of my account and put it in a 1000 dollar (euro) project. But you seem to do that. Why? Just a curious question btw!

[@SugarMamma]

Great question, if I remove it from my account, and put it in the dedicate $1,000 Project account, I won't spend it on silly mindless stuff. I have prioritised it for the achievement of going towards my financial goals.xCC

[@bouphasoutha]

It becomes a ritual every Monday morning (yes I am in France) I can not wait to see the new video. It's a good, Haaaaaa, addiction. Thank you for all Your positive energy, despite all the big and small problems that a single mom can meet. Cela devient un rituel tous les lundi matin (oui je suis en France) j'ai hâte de voir la nouvelle vidéo. C'est une bonne addiction, Haaaaaa, Merci pour votre énergie positive Malgré tous les petits et grands problèmes qu'une mère célibataire peut rencontrer.

[@aliciaunaryan4751]

Thank you for the great tips! Needed the pep talk Greetings from Kathu, South Africa

[@sdctx17]

Your video is so helpful and you are such a blessing, Canna. :)

[@jholmie6016]

love your passion for the $1000 project!! so inspiring!

[@sienna5544]

Thank you

[@michelarosier1918]

Wow, right on time to see this video. Thanks, Canna for this excited video, I really needed that in my life, everyday as well. On #8 plan list you manching Canna, it's really hard when life keep hitting you at no where. But, I have a mind set to keep moving forward. Great motivation video. Thanks 🤗👍

[@lovelifementoring5399]

I've started mine but using income atm, now to plan how to make extra and use that instead. 3 of my 5 children are back home for the moment and naybe one more for a while too....expensive times but I'm determined to still make it work. Great vid Canna. X Looking gorgeous as always!

[@SugarMamma]

Good luck, you never know what blessings may come out of this for you....and enjoy being close to your kids whilst back at home...xCC

[@victoriamather2267]

How do you have time to do things on the side when you have your own business, your own home, a son, a boyfriend, 2 dogs, chores and you time?

[@SugarMamma]

Haha, I am writing this to you, sitting at my dining table, Rocco is asleep and Tom is watching the soccer. I don't watch TV, I wake up at 5 am at least 2 times per week and I exercise in my lunch break. I do have staff who help me and a cleaner now, but I think keeping my home and life in a minimalistic manner saves me heaps of time...xCC

[@victoriamather2267]

That's amazing! : )

[@ajitachakraborty2011]

I have a question. Suppose you budgeted 100 from your salary for eating out (or for any other purpose) and you spent 70. So, will you put 30 towards 1000dollar project? Will you consider 30 as 'income' outside your salary?

[@ShoppingQueenArlene]

Ajita yes she does as this money would have been spent, I've seen other videos from her where she sort of vlogs a month of ways she makes money and some ways are by saving the money she had planned to spend on something and the idea is to transfer that amount to the dedicated savings account right away

[@SugarMamma]

Yes, $30 goes towards your $1,000 Project Account. I have a weekly allowance for weekend entertainment, when I chose to spend the weekend in, anything left over, went to my $1,000 Project account...xCC

[@jkoerner23]

Hi Canna, Hope the budget app will be ready soon, looking forward to it.

[@SugarMamma]

I just filmed the tutorial last weekend and this week it is being submitted to apple. Hopefully they will approve it quickly! Any day now! xCC

[@JazmineLAMBARCA]

You didnt link the "get out of debt" video. You just linked clothes.

[@pommypebbles]

Do you have a rough date for the budget app been patiently waiting for it!! Can't wait!!

[@SugarMamma]

Yes, any day now! I just filmed the tutorial (it is really easy to use) and we are submitting to Apple this week or next! Very exciting! xCC

[@pommypebbles]

Sugar Mamma yay can't wait!!! Keep up the great work, I watch your clips religiously!!

[@kfing1]

Also peeps, recommend flagging the usual New Year's Resolution that gets smashed to bits by Feb by going for a 'what if ... by [date]?' ... eg what if I paid my credit card/car/loans etc by 31 December 2018? What would that allow me to do? Take an extended holiday? Early retirement? ...

[@emmalong8937]

Hi Canna, thanks for all the helpful advice you give. Wondering if you can suggest a good bank account for a 15 year old? He’s about to start looking for a casual holiday job and I’d like to set him up with an every day account plus a savings account. He’s currently with Commonwealth bank, but I’m really not keen on their strategies such as offering him a credit card when he’s 18.

[@ghouling1111]

You didn’t link that video about getting out of debit?

[@SugarMamma]

Sorry, if you search "How to get out of credit card debt fast SugarMamma" it will come up! xCC

[@hlb0111]

Canna, is this the same thing as the debt snowball?

[@SugarMamma]

No, this is saving and then using it for any type of financial goals...xCC

[@liz_travels_theworld7660]

Canna, do you have any insight to ecommerce? I am very close to opening an account on amazon and selling through their fulfilment centres. There are a lot of vids on youtube by people who do this encouraging others to do it. I'm worried its too good to be true

[@SugarMamma]

I have just finished Bitcoin so I will look into this for you...xCC

[@liz_travels_theworld7660]

Sugar Mamma you're the best!

[@ghouling1111]

How do you feel about bitcoin?

[@raccooneyes2099]

its too risky. the health ranger just did a video on it. its not a bad idea, getting away from a central bank. but its computerized and anyone can hack it and just take your coins.

[@SugarMamma]

I am going to film a video tomorrow on Bitcoin...xCC