Credit Card Debt, Saving, Investing! The $1,000 Project is back!

Need new motivation and inspiration to improve your financial future? But want easy, baby steps that could make big changes? Then jump on The $1,000 Project with me! You can use this strategy yourself as you watch me focus on saving, creating, working for parcels of $1,000 at a time and as soon as I have $1,000 saved up, I buy some shares. The shares that I pick are carefully researched, with the goal of building a healthy diversified passive income. So far the portfolio has an estimated $1,750 p.a. passive income (via the dividends paid on the stocks) and by October 2017, I want The SugarMamma investment portfolio making $4,000 p.a. in dividend income (passive income). You too can focus on parcels of $1,000 at a time (or whatever amount resonates with you) and use this project to pay down debt, build some savings, save for something special, invest for an early retirement or even to build your own investment portfolio and passive income sources. You can see every update by subscribing to the SugarMamma website www.SugarMamma.TV for my weekly Sugar Hit. Don't forget that you can like SugarMamma on Facebook and Instagram as well! xCC SugarMamma.TV is all about educating, inspiring and empowering everyday people to create financial harmony, freedom and independence in your life. Bite sized videos, with quick and easy to understand tips, that you can apply straight away and see the results. SugarMamma.TV is a powerful movement making money and finance more approachable, energetic and enlightening.

Comments

1. Fap fap fap fap
2. I'm sort of doing the $1,000 project... but instead I am paying off my HECS debt. So now, every time I get that bundle I pay it off... My aim is $2,000 by 1st of Dec to receive the 5% bonus... I'm half way there!
3. car loan, shares and savings... where should that $1,000 go each month? one thing at a time, or equally distributed between all three?
4. My retirement plan is a slippery floor at a department store.
5. I am looking forward to the $1,000 project videos! Great content!! ❤️
6. Hi Canna, I have a video idea request please! :) Perhaps about how to appear confident (on camera or in person) and be good at public speaking. I feel you are a very confident person from your videos and would like to learn tips on how to improve oneself. Thanks!
7. You're so inspiring! Thanks for all your work hard on your channel and blogs. You make me feel so confident about saving money and loads of motivation to improve my financial. Take Care xx
8. I am on board!!! Was waiting anxiously for this video. Thanks for sharing.
9. I've picked up extra shift at work to save extra money . I want to invest . I am a beginner . Help ! 😩
10. Hi there,
    
    I really love this project and your channel in general.
    
    Unfortunatly, I am quite clueless when it comes to investing and stock markets (to explain my lack of financial vocabulary). I saw your video about when the market crashes, but I wonder how you feel about these times when the stock market is rather "high" and everyone is expecting a crash soon. Do you keep buying shares as money comes in no matter what the market does or do you sometimes wait or turn to other investments? I know this is pretty deep into your personal investment strategy, but maybe you can make some content for people who want to start investing at a time that is "bad" for investing:) [I would also like to hear your take on "money & relationships".]
11. what are some good investments you can for someone who has never made an investment
12. I've always wondered...why is your channel name Sugar Mama?
13. Paid off my first credit card with my work bonus - looking to pay off my overdraft next. When I have done this also, I plan on starting to save. I can't say how happy I am that I'm on the path to being out of debt!
    
    All my debts were racked up whilst being a student - my actual university fees etc come out of my paycheque so these are extra which makes me happy that I'm paying them off!
14. forgive me if this is a dumb question ... you invested last year's project cash into stocks but are only getting about 1000 in passive income. what happens to the large amount you saved? is it stil, available to you as an asset? is it still "yours"?
15. Great work Canna ! can't wait for round II
    Your videos are getting better and better :)
16. I love how confident you are in front of the camera! I'm so excited for this project yay!
17. Woohoo! Excited for round two!
18. Hi Canna! Is there any place in your videos or website where you talk about the companies you personally invest in as well as the best types of companies to invest into? Love your videos by the way!!! :)
19. love your top cc xx
20. you are so inspiring!!! what I'm trying to do for saving money and for my health is to quit smoking, and I'm putting away the money I would spend in sigarettes. I hope in a few months to see a lot of money in that drawer, it would be super satisfying!!