What Cardi B Taught Me About Making Money Moves

This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.

Cardi B hit the music industry by storm with her song “Bodak Yellow.” But don’t get it twisted, she’s been in the entertainment game for a long time. To be honest, I didn’t know who Cardi B was until I saw her name trending on Twitter. After hearing “Bodak Yellow,” I was hooked and a new fan. I’m not sure what everyone else got from the song, besides a catchy hook, but her story in her song reinforced a few lessons about money and business moves.

Here’s are the lessons Cardi B reinforced about “Making Money Moves.”

Change Your Mindset to Change Your Money

“I don’t dance now, I make money moves. I don’t gotta dance, I make money moves.”

Yeah, Cardi B was a stripper and her dance moves may be what made her money. However, when she advanced out of the nocturnal ballerina game to the world of social media, television and now the music industry, her focus is on making money moves. That requires a major mindset shift. Having a Money Moves mindset means thinking big, setting goals, and making better decisions when it comes to personal and business finances. So, change your mindset from “your current financial situation” to what you want and where you want to be, financially.

Pay Attention to Your Bank Accounts

“And I just checked my accounts, turns out, I’m rich, I’m rich, I’m rich. I put my hand above my hip, I bet you dip, he dip, she dip…”

Checking your bank accounts often is a part of money management. Knowing how much is coming in, and more importantly, what is going out of your bank account will help you control your finances. Whether you call it a Budget or Spending Plan, tracking your spending and naming your dollars will help you get excited about checking your accounts. Use Mobile Apps like Mint to make money management easier and fun.

Buy Nice Things You Want When You Can AFFORD It

“…These expensive, these is red bottoms, these is bloody shoes. Hit the store, I can get ’em both, I don’t wanna choose …”

Buying nice things is not a problem when you can afford them. Many people buy stuff to look “rich” or look like they have more than they really have. Let’s face it, buying a $200 purse without having $200 or more in the bank is not cute. However, if you want to buy those haute shoes or that Michael Khors bag, save UP for it instead of using credit. Rule of thumb for small ($100 – $1000) or medium ($1000 – $5000) purchases: have the amount more in your savings account than the cost of the item your want to buy. That way, you can buy the things you want guilt-free and “you ain’t gotta choose.” 😉

Be Intentional About Your Actions and Outings

“You in the club just to party, I’m there, I get paid a fee. I be in and out them banks so much, I know they’re tired of me.”

I learned the easiest and fastest way to lose your money is to go to every networking event without a purpose. Not every networking event or meeting is right for your bank account. Look for opportunities that will positively add to your life, business and bank account.

Comment the “Money Moves” you learned from Card B below.