Money Talks…

I had bad money management. Or should I say the lack of money management. My budgeting skills consisted of how I would make do with the money that I had until my next payday.


During the BWLBrunch: Smart Goals Brunch we had a bomb Girl Talk Panel with one of the topics specifically geared towards money management and elevation. One of our panelist was Anti Money Laundering Advisor and BWLBrunch Member, Tara who shared some of her thoughts on money management. She also shared some great resources that we can all take advantage of, that I will share later on in this post. (So stick around!) Tara’s advice got me thinking about my own money trials and triumphs.

I want to get REAL about money. Is that okay?

I’m going jump straight into it. I remember there being times that I was down to my last dime. And I don’t mean that figuratively. I literally remember taking all of the coins I had and going to buy a meal, not because I was being resourceful… It was because I WAS FLAT OUT BROKE. I didn’t think much of it because that was a way of life for me. I was your average American living paycheck to paycheck.

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I remember when I had graduated college and I was on my own; my sister came to pick me up to take me home for the holidays and I literally broke down balling on the floor. I was crying because I was in debt with a payday loan company and I was overwhelmed. I don’t know if I was crying because I owed money or that I really couldn’t understand how I got so far off of track from the life that I knew I should be living.

I had bad money management. Or should I say the lack of money management. My budgeting skills consisted of how I would make do with the money that I had until my next payday.


Have you ever had a time in your life were money management was non-existence? Have you created a budget only to find yourself going back to old habits or not following through with the plan you created? Or have you created good money management habits, but you really want to learn how to elevate your money and allow your money to work for you through budgeting and investments?

If you fall into any of those categories you are going to love the resources Tara provided for us!

I really had to get serious about my view of money and the way I planned to budget my life through money.

I remember the first time I sat with a financial planner and we wrote out how much money I made, all of the bills I had and how much money I should be saving  per pay period. Would you believe me if I told once we wrote it all down on paper I had nothing left to save.

I was so sad when I left that office. I was about 22 at the time, I had graduated college, I had a full-time job and after all of my bills were paid I wouldn’t have two dimes to rub together. After that meeting I decided that I was not making enough money to even give myself the option to make good money management decisions.

I worked towards a few promotions at my current job, but I eventually got a new job. And once I took on that new job with better pay I felt like I was on a fresh path to take this budget thing on HEAD ON!

I remember sitting at my desk and making my first real budget.

I wrote out line by line the things I paid for down to the T. One thing that Tara mentioned during the Girl Talk Panel was to make a budget that is tailored to who YOU ARE. If you get your hair done twice a month budget for that, if you are like me and go to the grocery store twice a week budget for that. You like to giving to your church regularly? Yep, budget for that too.

Below are some of the specific tools Anti Money Laundering Advisor, Tara shared with us at BWLB: Smart Goals that will help you on you journey:

Mint – Mint, Intuit’s personal finance app, is a lifesaver for keeping tabs on your overall financial health. The app links up with all your different bank accounts, loan accounts, credit cards, and shows them all within a single, streamlined interface. This is especially helpful with transaction searching, so you can figure out which card or account you used to buy something at the department store. Mint also offers recommendations based on your habits, offering new loan accounts, special credit card offers, or other suggestions on how you can save money. – Digital Trends

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Digital App– gives you a deeper dive into your finances. I think this is a great app for anyone who already has the bases of creating and following a budget down, but really want to take a better overview of their financial status for now and future plans.

Research– This is one of the most important steps that Tara mentioned. Your budget is personal, based off of your lifestyle, the goals you have set, and the season of your life that you are currently in. I found two additional resources here and here.

Acorns App– Acorns works by encouraging you to invest your spare change. Using a system they call “round-ups,” Acorns monitors your bank account and automatically invests the change from your daily purchases.

What are some of your best money management or money elevation tips that you have used in the past or are currently using now! I want to hear.





Author: Sophisticated Poser

amanda bell. model + editor for blog sophisticated poser. the personal style of a northern california transplant from texas. blogging about my personal style, street style, and helping you curate the perfect closet. founder of Because Women Love Brunch #BWLBrunch

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