I Quit My Job: Budgeting as a Single Parent with @clevergirlfinance

I Quit My Job: Budgeting as a Single Parent with @clevergirlfinance

Finances and Parenting!!! I got a chance to chat with Bola Onada Sokunbi of @clevergirlfinance about the challenges of single parenting and entrepreneurship along with this new sense of freedom of living in my purpose.

Things have changed over the last 3 months for me and my budget looks a lot different from when I was making six figures a year at my previous job. I used to shop at Target once a week – literally. But now, I am very intentional with my purposes and I have to pay attention to what I am spending. Recently I opened up my daughter’s savings account and this year, she wants to visit Hawaii!!!

Of all places, she wants to one of the most expensive trips yet, to the Aulani resort this year. But guess what, we have a budget and a plan for it! See how we are STILL going to save for our annual trip to Hawaii here! 

As always, I love you all. Thanks for your DM’s, messages, inboxes and checking on me. The journey continues….

Be sure to subscribe for updates and exclusive prizes on my page jjonthemic.com and check out the video diary every Thursday at 2PM to keep up with my journey!

#xoxoxo#

JJ

Budgeting for Entrepreneurs: Finances

Budgeting for Entrepreneurs: Finances

Now that I’ve quit my job, I need to pay EXTRA attention to how much I’m spending AND bringing in. Being an entrepreneur is so not for the weary. It really takes working 1, 2, 3, 4, 5, 6, SEVEN days a week. It’s all about your hustle, networking and relationships with like minded people. This week, I talked with Wealth Strategist, Jaelsa Ann and she had a chance to look at my own personal expenses, savings and investments. She shares with me some REAL advice. I’m not an over-spender, but here’s what Jalesa had to say about MY finances… Check it out here! 

You can follow Jalesa Ann on Twitter @jalessaann or visit her website at www.mymoneymogul.com

Be sure to subscribe for updates and exclusive prizes on my page jjonthemic.com and check out the video diary every Thursday at 2PM to keep up with my journey!

#xoxoxo#

JJ

Fatih Over Fear + Spring Break on a Budget!

Fatih Over Fear + Spring Break on a Budget!

Me and my daughter Alani hit the road earlier this week for Spring Break! Not having a job was not going to stop me from giving my daughter THE ultimate vacation. So, I created a tight budget and we stuck to it. For REAL! While hiking up to the lighthouse at Palo Duro Canyon, we encountered a hidden message…

Here’s the video!

Be sure to subscribe for updates and exclusive prizes on my page jjonthemic.com and check out the video diary every Thursday at 2PM to keep up with my journey!

#xoxoxo#

JJ

Top 5 Questions People Have Asked Since I Quit My Job!

Top 5 Questions People Have Asked Since I Quit My Job!

Heyyyy!!!

It’s been 3 weeks since I left my job! I noticed there were a great deal of questions in my comments and DMs about me quitting. I answered the top 5 questions that I have received!

1. Were you scared to quit?
2. Did you have money saved?
3. Do you still talk to people at The Box?
4. Will you ever get back into radio?
5. Since you left, do you have any regrets?

Check out my journey here!

You can also check out my video diary every Thursday @ 2PM on www.jjonthemic.com/blog to keep up with my journey!

#xoxoxo#

JJ

Deuces to Corporate Life: Part 1

Deuces to Corporate Life: Part 1

It’s. About. To get real!

Well, I got my last paycheck from the radio station and yeah! The newly found entrepreneurial life journey that I am now on is no joke. It’s time to grow my businesses. I had a chance to sit and talk with Miara Shaw, better known as Maven Miara and we discussed women entrepreneurs, growing your business and more! Take a peek at Part 1 of our conversation here!  

You can also heck out my video diary every Thursday @ 2PM on www.jjonthemic.com/blog to keep up with my journey!

#xoxoxo#

JJ

Don’t Break the BANK for Christmas

Don’t Break the BANK for Christmas

With the holiday season here, it’s filled with cheer and plenty of spending.   The holiday season has turned into a time of the year where the quantity of material possessions trumps thoughtfulness and the true reason for the season.  Whether you celebrate Christmas, Kwanzaa or Hanukkah; they all symbolize spending time with loved ones.   This is the time of the year when stores and credit card companies make a killing getting shoppers to overspend.  The holiday season allows individuals the chance to rationalize overspending and to dust off credit cards.  These should be the days of Giving Thanks and being Jolly, Merry and Bright!  Not Broke, Greedy, Stressed and In Debt.  So who says we have to go into debt to enjoy the Holiday Season?  Let’s NOT break the bank for just Christmas sake!

We don’t have to give in to the temptation and overextend ourselves financially for the sake of buying unnecessary gifts.  So, here are some tips to attempt to get through the holiday season without any new debt. 

List & Limits 

Create a holiday shopping list, set a spending limit for each person and only buy for who’s on it.  Leave your emotions at the door. With sales and deals in every retail window, it’s easy to get sucked into purchasing items that you never planned to buy.  Using the money you have set aside in your budget, or using cash you have readily available (don’t use credit), create a cash-only Holiday budget – and stick to it!  Keep track of your spending. Remind yourself of all other debt responsibilities like your car payment, rent or mortgage, etc. that will be still be due after the holiday season. 

Cash Christmas

Pay cash, pay cash, pay cash. Christmas Savings Clubs and Christmas Bonuses are cash options that allow debt free spending.  Avoid using credit cards and do not charge purchases.  Buying gifts with cash will avoid the unwelcoming surprises, interest rates and fees that will come knocking in January. When the cash is gone, stop shopping and refuse to use credit. 

Thoughtfulness over cost

Pay attention to family and friends and purchase gifts that make the person feel special.  Pay attention to hints or comments throughout the year.  And, do not rule out handmade gifts. Sometimes handmade gifts mean the most.  Remember the cliché’, “It‘s the thought that counts”?  Well, it may be corny, but it’s true.  Put time into choosing the gift that the person wants, not the gift that makes you look generous. 

Start Saving for Next Christmas

Christmas is the same time every year, yet somehow we manage to wait until the last minute to make purchases, often without a budget. Consider joining a savings club or opening a savings account that you can’t touch. By putting away $50 each month you will have $550 to spend by the time Christmas rolls around. Also consider picking up gifts throughout the year, which will definitely be easier on your wallet come December. 

Buying gift cards monthly or every pay period is an automatic saver for year-end holiday spending.  These gift cards can be used to purchase Christmas gifts for family and friends or just given as gifts themselves. 

We tell ourselves it is fine, we will worry about it in the New Year. When the New Year comes we are faced with a “financial debt hangover”, where we then spend the entire year trying to pay off our debt, only to do it all over again! Don’t create new damage and repeat the cycle. 

Cicely Jones is the owner of MPA Financials, a Full Service Accounting Firm with 15 years’ experience.  Cicely has a passion to spread knowledge of financial empowerment by educating clients and giving sound financial advice.

Website: http://mpafinancials.com/

Facebook: https://www.facebook.com/mpafinancials/

Twitter: https://twitter.com/mpafinancials