8 Post-Breakup Money Moves From Cardi B

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Post-breakup Money Moves

Making money moves after your breakup is crucial to surviving the financial aftermath of your breakup. There's nothing worst than being heartbroken and broke. One in four adults have financial difficulties after a relationship breakup. Here's the thing, your breakup doesn’t have to bankrupt you or break you financially. You can bounce back financially stronger and better than ever! Taking a page from Cardi B's money moves playbook, there's a lot we can learn from Cardi  when it comes to making money moves. 

Money Moves Cardi B's come up 

Cardi B, born Belcalis Almanzar has gone from stripper to viral Instagrammer to Love and Hip Hop star to signed Atlantic Record rap sensation. Cardi B is the highest chart topping female rapper in the game right now. Her hustle is fierce and her come up is real. There is a lot we can learn from Cardi B's "rags to riches" story when it comes to making money moves.  Cardi has stacked her money and has made smart investments to ensure her bank account is tight. She's made sure that her financial future is in tip-top shape. Cardi B is not slipping when it comes to her money. Say what you want about Cardi B, she's making that "sh-money" work for her.

Here are 8 Money Moves from Cardi B

There's no denying that Cardi be is on top of the rap game, but she is also on top of her money game. The best financial advice from Cardi B, here are 8 money moves from Cardi B that you can put into practice today. The key is to have a goal, a game plan and then just get it done. You must be consistent and persistent for it to work. You can change your current money situation. So let's get it!

Money Move #1 Have financial goals

Make a list of goals you want that will make you want to get up in the morning and get encouraged to work and get this money. ~ Cardi B

It all starts with a vision. What is your vision for your life...for your financial future? Look at your current financial situation. Are you where you want to be financially? If not ask yourself where do you want to be financially? So what do you need to do to get there? Who, what experts can help you to move in the direction of your goals? The key is to set financial goals to get you there. Goals and dreams don't achieve them self. You need a plan of how you will achieve your goals and you have to put in the work. Achieving your financial goals requires you to double down, stay focused and to go after your dreams. Dreams only work if you do. 

Money Move #2 Have a financial advisor

"I spend my money how I want to spend it and because my financial advisor says I can."     ~ Cardi B

You want to have a financial advisor/planner someone who is knowledgeable in this area who can best guide and direct you with ways to save, grow, invest and manage your money. Poor money management is what gets alot of people into trouble. Do your research don't just follow their suggestions blindly. Ask questions and stay on top of your money. At the end of the day it's your money and you need to know what is happening with it. Get into the habit of checking your balances, monitoring performance of your money and follow up on any discrepancies. This is one area you don't want to drop the ball in. At the end of the day you have to be diligent with your money. 

Money Move #3 Have a budget

"I’mma be on a budget until the day I die! Learn to budget." ~ Cardi B

Not everyone likes budgeting, but nowadays there's an app for that. Budgeting may not be cool, but what's really not cool is being broke. Just keeping it real. A budget keeps you accountable and keeps you in check of your spending. So, learn to budget your money. Call it what you need to call it to make it more doable. Create a spending plan and track your spending daily. Just because you can afford it, doesn't mean you should buy. Everything in moderation. Next, you need to know your numbers, how much money do you have, how much money is coming in, where is your money coming from, how much money is going out each month, what are your monthly expenses, where can your cut back on spending and your expenses, how much are you putting away into savings and investments each month, how is your money performing, are your investments working for you? These are important questions to ask yourself. 

Money Move #4 Have a money-making strategy

"The faster I make a lot of money, the faster I can have these kids I want." ~ Cardi B

I am a big believer in having multiple streams of income regardless of your relationship status. The more money you have the more options you have. Money gives you options to live the kind of life you want and have the lifestyle that supports that. Everyone should have a side hustle or an online business. With automation replacing jobs it is your only safety net. Did you know that by 2020 5 million jobs will be lost because of technology? Some are even saying that the number will double to 10 million. The Internet is making it possible to create multiple streams of income. You want to capitalize on that now. More coming on this topic.

Money Move #5 Have a passion for money and paying your bills

"I have a passion for music; I love music. But I also have a passion for money and paying my bills." ~ Cardi B

Money allows you to pay your bills. You want to have the same passion for money as paying your bills. Without money you couldn’t pay your bills. Think about it, you GET to pay your bills. That’s powerful. So, making paying your bills on time a priority. No more ignoring your bills, or tossing your bills in that drawer full of unopened bills or oops I forgot. No more avoiding your bills. Know what bills you must pay each month and when you have to pay them. Create a calendar with a schedule of all your bill payments. Set reminders on your phone. What ever you got to do to make you're on time. The key is to stay on top of your bills and don’t fall behind. Respect your money and what it allows you to do in your life. Your money is your responsibility.

Money Move # 6 Have a saving strategy

"When I was your age, I should have saved my money." ~ Cardi B Friend

Save, save, save, you want to save your money. Here's the thing, you can’t be just spending all the time. You need to put some of that money away for a rainy day as they say. Create an emergency fund of at least 3 – 6 months of your salary or more if you can. I know people who have put away up to 12 months of their salary. One of the things I do is I automate my savings so every month a set amount goes into savings automatically. This way I'm not leaving it to chance. You have to control your money.

Money Move #7 Have an investment strategy

"That's why I be so careful with my money and always try to invest. I see people who have it all and then lose it." ~ Cardi B

It's one thing to make and save money, but it is essential to invest your money at the same time. Investing allows your money to work for you. Investing is the greatest money multiplier. The power of compound interest and time is no joke. So if you don't already have a financial advisor, look into getting one. Someone that can help you make your money work for you. 

Money Move #8 Have tax knowledge 

“I want updates and receipts on my tax money...I want to know." ~ Cardi B

Two things are guaranteed in life death and taxes. There's even a death tax. So, when you die you still have to pay taxes. You want to educate yourself about taxes and have a tax planning strategy in place that works for you and your financial goals. You want to make sure you pay your taxes on time and keep on top of things. Instead of spending your tax return invest it, multiply it. More and more I am learning that it's not enough to save money you have to make your money do more, work harder and go further.

More Sage Advice from Cardi B 

"What counts the most for women is having the confidence to make your own money." ~ Cardi B

Like Cardi, "I'd rather have money and be broken-hearted than be broke and broken-hearted." So make your own money! At the end of the day, true financial empowerment comes from making your own money on your own terms regardless of your relationship status. You don't want to rely on anyone other than yourself. When you rely on someone else to take care of you financially you give up your power. Your money, your life, your goals are 100% your responsibility. As I've said before, and it begs repeating, "A man or woman is not a financial plan or a security blanket." Your financial future and freedom is yours! Don’t leave it to chance or circumstance. What are your thoughts? Drop a comment below and let us know.