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Sugar and Money

Sugar and Money

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Savvy Girl Money

An Awesome Alternative to Pricey Birthday Parties for Kids

So when did birthday parties get so expensive? I’m okay with paying $100 or even $150 for a birthday party but when the quotes are more like $300, then that turns into a No, real fast. To frame this, our daughter is 3 so $300 for a party is a bit much, in our opinion. […]

5 Financial Tips to Take Action On

5 Financial Tips to Take Action On

  What financial tips will you take action on this year? The clock struck midnight, the calendar turned to a new year and you may have even toasted with a glass of champagne. All of these are signals of the new year and most people rejoice because it’s time for some changes. 5 Financial Tips […]

Visual Aid

One Helpful Thing You Should Do While Paying off Debt

There are numerous articles online that have advice on ways to pay off debt including how to cut back on spending and a multitude of side hustle ideas to make more money while on your journey. You definitely won’t run out of ideas and tips to get you to the mighty goal of being debt […]

kids piggy bank

5 Awesome Financial Gifts for Kids

Between birthdays and holidays, it seems like there is always an occasion to buy a gift for a kid in your life. Planning ahead is the key to avoid giving gift cards or a toy that they will discard. Nothing against gift cards or toys if that is what the recipient wants but most cases, you could probably […]

invest in yourself

5 Ways to Invest in Yourself Now

Investing in yourself is something that everyone should do. In this blog, I will outline 5 ways that you can invest in yourself now, because why wait?  Education and growth doesn’t end once you cross that stage indicating that high school or college graduation took place. Sure, it does feel good to have completed school […]

pay off credit card debt

How to Pay off Thousands of Credit Card Debt

In this post, I am going to break down exactly how I paid off thousands of dollars in credit card debt in six easy steps. Actually, I paid off $20,000 in credit card debt. Yes, once upon a time, not long ago – I was saddled with $20,000 in credit card debt. The total balance […]

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A little about me…

JackieSugar and Money is a blog about the personal finance choices and thoughts from a 30- something old Mom, Wife, and lover of personal finance. This blog shares her story of tackling debt and creating her version of financial freedom. Read More…

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I've heard the financial rule of thumb of saving 1 I've heard the financial rule of thumb of saving 10% of your income for many many years. Most generally say to save 10% of your gross income especially in regards to retirement but I also believe you can choose to save 10% of your net income depending on your goals and how much you can comfortably save. (A rule of thumb is a generally accepted guideline but its not a proven fact however it gives you a reference point in my mind) Heck - I know people saving/investing 20% - 50% of their income (Hello #FIRECommunity)⠀⠀⠀⠀⠀⠀⠀⠀⠀
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So, since I'm unable to contribute to my 401K until May and I have yet to take action on opening my RothIRA (I know...what am I waiting on😩) I've started saving 10% of my net pay. Net pay is the amount of money that you "bring home" after all the deductions come out...you know all those deductions like your retirement plan contributions, taxes, and benefits...THEN what's left is your net pay. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
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I take my net pay amount and multiply that by .10 and that total is the number that I transferred to my savings account on payday🤑⠀⠀⠀⠀⠀⠀⠀⠀⠀
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My current plan is to save 10% of my net pay each payday and then once I open my Roth IRA - deposit all of it into my Roth IRA.⠀⠀⠀⠀⠀⠀⠀⠀⠀
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❓What is something that you're currently doing with your finances? ⠀⠀⠀⠀⠀⠀⠀⠀⠀
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#sugarandmoney #financialfreedom #thinkandgrowrich #debtfreejourney #budgeting #financialgoals #goalgetter #goaldigger #debtfreedom #studentloandebt #studentloanssuck #manifestyourbestyear #mindsetmatters #buildingwealth #financialpeace #moneysavingtips #financialindependence #millenialmoney #budgetingtips #debtfreeliving #debtfreelifestyle #savingmoney #financialruleofthumb⠀⠀⠀⠀⠀⠀⠀⠀⠀
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🧁 Follow @sugarandmoney for more sweet money content.⠀⠀⠀⠀⠀⠀⠀⠀⠀
💖Like this post if you want to see more posts like this.⠀⠀⠀⠀⠀⠀⠀⠀⠀
🗣 Share with a friend because sharing is caring.⠀⠀⠀⠀⠀⠀⠀⠀⠀
👇🏾 Comment and let me know your thoughts.
If you are new around here or missed the memo, I s If you are new around here or missed the memo, I started at a new company after being permanently laid off from my employer of 11 years. My current company offers a 401k plan and they even automatically contribute 2% even if I don't contribute anything. They also match the first 4% that I contribute. That's cool BUT... I have to wait 6 whole months to start participating! Y'all! 6 months seems hella long to me and I've never had to wait that long. Previously I've waited 3 months at most.⠀⠀⠀⠀⠀⠀⠀⠀⠀
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What about you? What has been the longest amount of time that you've had to wait to participate in your company's retirement plan? ⬇️⠀⠀⠀⠀⠀⠀⠀⠀⠀
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#sugarandmoney #financialfreedom #thinkandgrowrich #debtfreejourney #budgeting #financialgoals #goalgetter #goaldigger #debtfreedom #studentloandebt #studentloanssuck #manifestyourbestyear #mindsetmatters #buildingwealth #financialpeace #moneysavingtips #financialindependence #millenialmoney #budgetingtips #futureselfplanning #retirementplanning #questionoftheday⠀⠀⠀⠀⠀⠀⠀⠀⠀
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🧁 Follow @sugarandmoney for more sweet money content.⠀⠀⠀⠀⠀⠀⠀⠀⠀
💖Like this post if you want to see more posts like this.⠀⠀⠀⠀⠀⠀⠀⠀⠀
🗣 Share with a friend because sharing is caring.⠀⠀⠀⠀⠀⠀⠀⠀⠀
👇🏾 Comment and let me know your thoughts.
The 2020 numbers just keep rolling in. Honestly, I The 2020 numbers just keep rolling in. Honestly, I thought I paid less in student loan interest since I only paid on them for a few months but numbers don't lie. The good news is, any and all accrued interest on all of my remaining student loans has been satisfied. (I have 3 student loan groups left, totaling $29,700)⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Have you received your student loan tax information? If so, how much did you pay in interest? (Nelnet is my student loan servicer and sent them out electronically on the 12th)⠀⠀⠀⠀⠀⠀⠀⠀⠀
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#sugarandmoney #financialfreedom #thinkandgrowrich #debtfreejourney #budgeting #financialgoals #goalgetter #goaldigger #debtfreedom #studentloandebt #studentloanssuck #manifestyourbestyear #mindsetmatters #buildingwealth #financialpeace #moneysavingtips #financialindependence #millenialmoney #budgetingtips #debtfreelifestyle #debtfreeby40 #debtfreeliving⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Follow @sugarandmoney for more sweet money content.⠀⠀⠀⠀⠀⠀⠀⠀⠀
💖Like this post if you want to see more posts like this.⠀⠀⠀⠀⠀⠀⠀⠀⠀
🗣 Share with a friend because sharing is caring.⠀⠀⠀⠀⠀⠀⠀⠀⠀
👇🏾 Comment and let me know your thoughts.
My favorite quote is, “Nothing happens until you My favorite quote is, “Nothing happens until you decide”⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Whatever goal you have in mind that you want to achieve this year, decide that you will finish it.⠀⠀⠀⠀⠀⠀⠀⠀⠀
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So, decide on your goal(s) then decide that you will achieve that goal! Silence any doubts, haters or naysayers because at the end of the day - your goal is exactly that - Yours! ⠀⠀⠀⠀⠀⠀⠀⠀⠀
You might start and stop but don’t you dare quit on yourself. Not this year! Instead...Finish it!⠀⠀⠀⠀⠀⠀⠀⠀⠀
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But I want to hear from you, Let me know one goal you plan to start working towards achieving and that you're committed to finishing in 2020-Won!⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Let’s Get It!⠀⠀⠀⠀⠀⠀⠀⠀⠀
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📷:@henryjonesphotography⠀⠀⠀⠀⠀⠀⠀⠀⠀
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#sugarandmoney #budgeting #newyear #finance #savings #money #financialfreedom #thinkandgrowrich #debtfreejourney #budgeting #financialgoals #goalgetter #goaldigger #debtfreedom #studentloandebt #studentloanssuck #manifestyourbestyear #mindsetmatters #buildingwealth #financialpeace #moneysavingtips #financialindependence #millenialmoney #budgetingtips #debtfreeliving #debtfreelifestyle #goalsettingseason #twentytwentywon
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