Yeah, you heard that RIGHT!!!!
An FU Fund FU Money is the kind of fund that gives you the freedom to make choices that align with your worth—feels like a radical act of self-love and liberation, especially for Black women 40+.
Before I had an FU Fund, I felt I had to swallow my pride and allow myself to be talked to crazy because I needed my job to pay bills and get out of $65k worth of debt. And couldn’t flip tables like our good sis, Teresa here.
But once the FU Fund started getting thick about her hips, I started feeling different and actin’ differently. I remember there was this one time I was called into my supervisor’s office and was told I wasn’t proving myself enough… and you know what I said…
“I am NOBODY’s MAMMY. (I was actually shocked that I not only said it, but said it twice, lol) and I have no debt so I don’t have to be here.”
FU funds change things because you realize that you have options.
Here are a few tips to start building that “FU Money” fund:
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Prioritize Your Financial Healing: It’s really important to do the inner work first. Take stock of your money beliefs and how they were shaped by your past. Do you still carry shame, guilt, or fear about money? Heal those wounds so you can make decisions from a place of empowerment, not scarcity.
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Save First, Spend Mindfully: Make saving a priority—before spending. Automate your savings so it happens without you thinking about it. And when it comes to spending, be intentional. Ask yourself, “Is this aligned with my values and my long-term financial goals?” This conscious spending approach frees up money to invest in what truly matters.
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Invest Consistently: It’s never too late to start investing. Even if you’re in your 40s, consistency is key. Small but steady contributions to your retirement fund, investment accounts, or real estate can add up over time, especially when you take advantage of compound interest.
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Create Additional Streams of Income: In a world where inflation is relentless, relying on one income source isn’t enough. Explore side hustles, monetize your skills, or look into passive income opportunities like real estate or dividend-paying stocks. The more income streams you have, the faster your “FU Money” fund will grow.
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Give It Time: Building an “FU Money” fund doesn’t happen overnight, and that’s okay. The process requires patience, consistency, and time. Understand that your efforts compound just like investments, and the work you do today will pay off in the future, often in ways you can’t even predict right now.
If this resonates with you, let me know how you’re planning to build or build up your FU Fund. I’d love to hear it and it will inspire other First-Gen Abundance Creators to do the same.
Also, and btw, have you grabbed your Abundance Affirmation E-Cards to help you move to your next level of abundance?
