Sugar Baby Money – Earnings and benefits
SUGAR BABY MONEY – an introduction
One of the primary benefits that come with being a sugar baby is money or allowances from your sugar daddy. The sum could range from a thousand pounds to tens of thousands depending on your sugar daddy and you. Many sugar babies don’t think in depth about this money topic until they are asked money related questions by their sugar partners. Some of the important things you should know about your sugar baby money are:
SUGAR BABY MONEY IS NOT YOUR PRICE
You are not selling yourself off and you should not think of your allowance as your worth. This money is just a token of appreciation for your time, companionship and love from your sugar daddy. As much as he is giving you the sugar baby money on a regular basis, it does not mean that you are his property. Your relationship is mutually agreed upon and so by giving you your allowance, your sugar daddy is just fulfilling his part of the agreement.
KNOW HOW YOU ARE GOING TO RECEIVE YOUR SUGAR BABY MONEY
It is good to know beforehand how you would like to receive the sugar baby money. Whether it is by cash, e-wallets such as Paypal or Venmo, pre-paid cards or whether he will be the one to pay your bills. Direct bank deposits is also an option but you should only divulge your banking details to someone you trust. Also, find out what the law requires of large deposits and when you will be expected to pay taxes.
DO NOT SHY AWAY FROM THE MONEY TOPIC
Most sugar babies will find it hard to discuss their allowance expectations with their sugar daddies. This is not right since allowances are part of your relationship terms. You should however ask for reasonable amounts depending on your needs and how much the sugar daddy is capable of providing. Not all sugar daddies are millionaires, but they are willing to give you something decent in exchange for your companionship and love. In case you need some more money even after receiving your regular allowance, open up and let your sugar daddy know.
IF POSSIBLE INVEST IN YOUR SUGAR BABY MONEY
Depending on how much sugar baby money you are getting from your sugar daddy, it would be a good idea to do something constructive with this money. Your relationship is not guaranteed to last till eternity, just like any other relationship. Be modest in your spending, no matter the amount of money in hard cash or gifts you are getting from your partner. It is always wise to save a certain amount of your sugar baby money for a rainy day. You could also consider investing in the stock market, bitcoin or buying an asset depending on the amount.