Master Your Sugar Money Game With Smart Women Finish Rich

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It doesn’t matter your financial starting point. Smart Women Finish Rich will help you master your sugar money game and live the life of your dreams.

This is one of the best personal finance books I’ve read that is written specifically for women. Smart Women Finish Rich by David Bach is a financial roadmap that will guide you to where you want to go. No matter where you are in life, start building your empire!

Although this book was published in 2003, the foundation of financial principles remain timeless. Tax laws and regulations change regularly, so get yourself in the habit of always consulting the latest bulletins. A tax bulletin is simply an informational document designed to provide general guidance in simplified language on a specific topic relevant to taxpayers.

Types of available investments also change frequently, so no matter what you read in any source, it’s your job to educate yourself on what’s current. Learning and leveling up your life never stops.

Have a basic understanding of the laws and regulations that pertain to your individual needs, even if you have a financial advisor. No one will ever know you as well as you know yourself.

Get the book in the Canadian Edition or US Edition to master the 9 steps to achieving financial security and funding your dreams.

Why it pays to become a Smart Women Who Finishes Rich

Once a woman has learned how to get hold of her finances, she will never go back.

It’s the same as dating a rich man. Once you’re accustomed to the luxury lifestyle, you’ll never go back!

According to Bach, if you learn and apply only 2 or 3 of the steps in Smart Women Finish Rich, you’ll find yourself financially better off than 90% of the population.

If you complete all 9 steps, you’ll position yourself in the top 1% of the population – the nation’s financial elite.

Then, imagine what your life could look like if you strategically managed your sugar income and added it to your investment plan. It’s a perfect storm to secure financial independence and your dream life all on an accelerated schedule. Who doesn’t want to be rich sooner rather than later?

These statistics may sound a bit ridiculous at first. Is 90% of the population really doing that badly managing their money? In my experience, between friends, family and other sugar babies I’ve met, I’ve seen these statistics in action. And I’m sad to say, that many sugar babies who have a monthly allowance do a terrible job managing their money. They seem to think more cash will just keep flowing in, so they don’t need to worry about money.

An unfortunate sugar story

I knew one sugar baby that received a $10,000 per month allowance. She would spend at least $1,000 on DoorDash every month because she felt she shouldn’t have to cook for herself while receiving this amount of financial assistance (even though she was a fantastic cook!) She spent money like there was no tomorrow, although she told me she had no savings after leaving her very stable 9-5 job.

Unfortunately, the arrangement didn’t last much longer than 5 months. Her sugar daddy ended the relationship without warning, leaving her with literally $0 in savings and $300 in her bank account. She could have saved thousands of dollars, but instead created financial hardship for herself. She was forced to take any sugar daddy she could find to be able to pay the next month’s rent. And believe me, this new guy was not at all desirable.


It’s fantastic to have that much money. However, don’t start to enjoy it until you have a FIRM financial plan in place. In sugar dating, you never know how long the good times will last. Always take care of yourself first!

What are your money values?

How you handle your money touches every aspect of your life, from the place you call home to the clothes you wear to the skin care you can afford to the investments you make.

Smart Women Finish Rich teaches the difference between financial values vs. financial goals. Having the freedom to travel is a value, while taking a dream trip to London is a goal. One of the required exercises is to build your values ladder. Once you are crystal clear on what you want out of life, you’ll be surprised at how easily things fall into place.

The same goes for sugaring. The point is not to just obtain an allowance. It’s about what you intend to accomplish with the money your receive. Once you are clear on what you want out of a sugar relationship, it helps that perfect sugar daddy appear in your life that much faster!

I re-read finance books often because they help keep me motivated in tough times. They force me to re-visit my goals, making sure they’re still valid and align with my life plan.

Every dollar really does help. Bach talks about the power of the latte factor in step 4, which is from his international bestseller The Latte Factor. This books is also part of my Sugar Essentials, and you can read my full post on How to Make The Latte Factor Work For You.

Money Myth: Your husband, or some other man (AKA sugar daddy) will take care of you financially

Yes, a sugar daddy (or rich husband) can definitely help you by providing financial assistance. But that’s where it ends. Only you can control your financial future.

One of the biggest mistakes women make in life is thinking that someone else will take care of them financially in the long term. Even though you may have a happy and secure relationship, it’s a fact that women generally live longer than men. Therefore, we have to take financial planning more seriously.

Bach does a fantastic job addressing this subject, explaining what can go horribly wrong if you turn a blind eye to your personal financial independence. From assuming the man actually has money under control to devastating divorces, you can wind up with the short end of the stick pretty quickly if you don’t pay attention.

Always have you own accounts, your own credit and never leave everything in the hands of your partner.

The government, or your grown children, won’t take care of you financially either

Even if you have a great family, you never know what life has in store for anyone. I’m not trying to be pessimistic, but heed this as a warning.

When Canadians turn 65 years old, they automatically qualify for Old Age Security (OAS.) As long as you have resided in Canada for at least 10 years, the Canadian government will give you a monthly amount to help with expenses. You are eligible even if you have never worked or are still currently working. But here’s the thing: as of October 1, 2020, the maximum amount of OAS is $614.14.

Even when you’re 65, I can guarantee your skin care and nails budget will exceed $614.14. OAS is only meant to assist, not completely take care of you.

As a personal example, my grandmother did not look after her financial independence and left everything up to my grandfather. When he passed away, she was left with nothing. She now has to rely on government assistance programs PLUS two of her four children assisting her income. The other two don’t even care enough to help. Learn from the mistakes of others: you husband (or your grown children for that matter) cannot be counted on to take care of you when you get older.

Part of the reason I sugar and have developed excellent money management skills is because of what I have witnessed in my own family. Your life doesn’t have to mirror your family’s lifestyle, ever.

Expect the best, plan for the worst, and prepare to be surprised.

Denis Waitley

Smart Women Finish Rich – start to achieve financial security and fund your dreams now

The sooner you start taking charge of your finances, the better. It can be scary at first, but knowledge replaces fear in almost every situation.

I love Bach’s “three-basket” approach to financial planning. Yes, you need to plan for retirement, but you also need to live life NOW and not just later. Learn how to fund you security basket, retirement basket and dream basket simultaneously.

Grab a copy of the book in the Canadian Edition or US Edition.

About the author

David Bach is a 10x New York Times Bestselling author, financial and motivational speaker and financial executive.

Check out his website, David Bach, for more information and financial resources.

I also recommend his podcast, The David Bach Show. The more you can learn about money, the better!

Have you read Smart Women Finish Rich? Share your thoughts below!

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