As young millennial women, we don't talk about money enough - how we use it, how we earn it, how we feel about it, and everything else in between. Money Talks is an xoNecole series where we talk candidly to women about their relationship with money and how they get it.
Jaleska "J. Mulan" Holman is a culture manager, dream builder, entrepreneur, mentor and lifestyle specialist - who is a beast at saving money. At only 25-years-old, the Houston, Texas native is the founder of the J. Mulan Agency, which specializes in creative directing, casting, and more. Some of her most notable accomplishments to date include being solely responsible for the casting of Drake and Travis Scott's Grammy nominated music video "Sicko Mode," providing models for Lil' Wayne's SXSW event, as well as booking talent for Travis Scott's "Astroworld" concert.
As you can imagine, the fact that she's in her mid-twenties and so successful at what she does in the entertainment sector, money ain't a thing to her. However, everyone needs a budgeting strategy - and she's got the perfect advice for you. When asked by xoNecole about the money mantra she swears by, the professional print and runway model shares three: "money is a tool only a fool can abuse;" "money saved is just as important as money made;" and "assess the worth, not the dollar." Sounds like this boss babe knows her worth and how to add tax.
Culture queen and lifestyle specialist J. Mulan spills the tea on all of her money secrets for xoNecole's "Money Talks" segment about selling valuable trading cards, the feeling of purchasing her first home and the key to maintaining a health bank account.
On savings:
I try to save about 25-30% of total income monthly. I allocate percentages accordingly to two separate high-yield savings accounts. I haven't gotten into the Roth IRA field just yet because I'm very hands on when it comes to my finances so I'd like to have someone that I can trust with investments.
On defining wealth and success:
Wealth and success to me goes hand in hand with a proper measurement of your happiness. They both go far beyond the definition. Each person is different and value is placed on individual desire and no one thing is wrong, or even right. With that being said, the one particular thing that has always made me happy is being able to help and provide for others in any way I can be of service. Success is when you can look around and not be the only one enjoying the fruits.
Courtesy of J. Mulan
"Success is when you can look around and not be the only one enjoying the fruits."
On overcoming financial lows:
The lowest I've ever felt when it came to my finances was having to make a choice of enjoying something that I wanted or that made me happy versus having a necessity. There are certain things that don't deserve a price on it that does have one and when you can't reward yourself with that it gets tough and even depressing at times.
I overcame it by working harder and keeping my faith in God. Honestly truly putting forth the effort to change my mindset to meet my prayers and alter the power of my tongue and the words that I would speak over my life daily. Changing my surrounding and/or immediate circle for the time being to truly focus and become better. When you truly recognize and honor the small blessings of everyday life like being able to walk, and put your clothes on by yourself, your perspective of life really changes dramatically.
On her biggest splurge:
My biggest splurge was purchasing my first home! It honestly gave me a piece of peace. Of course, with the help and guidance of very close loved ones, we were all able to get the job done but it was something that was necessary for me. As I get older, certain things begin to lose value and at a point the necessary occurs and makes you look at what you need to do against what you want. It could've been very easy, and quicker, to go buy a new bag or designer pair of shoes but substance has been a new favorite word for me.
On if she’s a spender or a saver:
I mean honestly we're all sort of both spenders and savers because when you look at it, you're spending when you're saving. That isn't money that is accessible anymore, well it shouldn't be until in dire need, so I'd say both. I train myself to save by immediately removing a percentage from a check or payment I receive so that I don't see it. I'll immediately make a transfer to my savings account so that the only thing I see available is all I have to actively spend.
Courtesy of J. Mulan
"I train myself to save by immediately removing a percentage from a check or payment I receive so that I don't see it. I'll immediately make a transfer to my savings account so that the only thing I see available is all I have to actively spend."
On savings goals and retirement:
I feel like no one should have an overall savings goal, unless you're actively working towards a grand purchase or investment, because you should try to save everyday if you can for as long as you can. Every time you're adding funds, you should be immediately subtracting to increase your savings. Retirement to me right now is sort of blurry because I don't have the luxury to slow down anytime soon. My goals are becoming a lot more clearer, but I will say I am saving relentlessly to live comfortably whenever/if ever I decide to take an extended break or emergency or what have you.
On investing:
Investing is very important and is something I think one should fully understand before diving into. It is an everyday revolving door and just as heavy as the reward, heavier is the risk. I've been researching and practicing investing with more local close things that I can keep an eye on and really grasp before I decide to get into the big leagues. In hindsight, the goal is always to make your money work for you and investments are supreme ways of doing so. So knowing how to invest and assessing the risk is a great way to begin that process.
Courtesy of J. Mulan
"Investing is very important and is something I think one should fully understand before diving into. It is an everyday revolving door and just as heavy as the reward, heavier is the risk."
On her budget must-haves:
A budget must-have is an end. The budget must have an end point of where there is absolutely no wiggle room or negotiation. If it doesn't fit within that block, it can't happen.
On creating multiple streams of income:
When I started the J. Mulan Agency, it began with a one-track mission which served its purpose, but also caused me to burn out a bit quicker than I had planned. I had to get creative and open up a few different lanes that I had almost missed being so focused on not riding over the median. The Agency became full-service: branding, marketing, curating, etc. So I took one door down to reveal several others ultimately creating this endless creative revolving machine. So finding more ways out of one is always ideal when creating multiple streams of income. Having only one source can cause you to get comfortable and/or complacent, and that is fine as long as your desire for more out of life doesn't alter as well.
On the craziest thing she's done for money:
The craziest thing I've ever done for money was sell a valuable trading card that I had. It was one that I was gifted as a child that continued to increase in value as the years went by. It was a limited edition Yu-Gi-Oh! card. At the time, it was worth about $800 dollars and I sold it for $450. Today, it's worth about $7,435. It was part of the down payment for where I am today.
On the worst money-related decision she’s ever made:
Selling a collector's item about 1,000% percent under mark-up (laughs). But seriously, almost taking a deal that altered the integrity of my company, and myself for a good payout. I wouldn't call the deal me selling out or it even being extremely bad, but I made a vow to myself to always stay loyal to who I am and what I stand for regardless of any circumstance because there's always somebody we don't know watching for guidance.
On unhealthy money mindsets she had to release to succeed:
Having to feel like I had some sort of intense image to keep up. Everybody at some point gets caught up in the glitz and glam of things especially when you're making a couple of dollars and people start to know your name. It's one thing to look good and keep a well-groomed appearance, but it's another to be trying to look good.
On what changed once she adopted healthy money mindsets:
A healthy bank account and a clearer head space to focus on what's really important. What I needed began to come without asking and what I wanted came at the leisure of when I wanted it.
For more of J. Mulan, follow her on Instagram.
Featured image courtesy of J. Mulan
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Anyway, I personally think that the less shallow folks out here may contemplate calling things “quits” or they at least distance themselves a bit from their partner (and what I’m referring to is serious relationships) due to all of the stress and strain that oftentimes comes with the holidays whether it be financial, familial, due to their tight schedules or something else.
Listen, I would hate for you and your man to miss the fun and happiness of experiencing this time of year, all because you are so overwhelmed or irritated that you can’t really enjoy it. That’s why I have a few practical tips for how to avoid allowing the typical holiday season stress from INFECTING your relationship.
Manage Your Expectations
GiphyUnmanaged expectations. If there is a main reason why the holiday season tends to be so stress-filled for so many people, I’d bet good money that this is the cause. And when you’re in a long-term relationship, expectations can manifest themselves in all sorts of cryptic and/or unexpected ways. You might have relatives who assume that you are going to be with them for Thanksgiving or Christmas when you have other plans in mind. You might be thinking that you are going to spend one amount for presents while your man is thinking something totally different. When it comes to scheduling, your signals may be crossed.
And you know what? To all of these scenarios, this is where clear and consistent communication come in. Don’t assume anything. Don’t dictate anything either. From now until New Year’s, mutually decide to check in once a week, just to make sure that you are both on the same page as it relates to the holidays and what you both are thinking will come along with it. The less blindsided you both feel, the less stressed out you will be. Trust me on this.
Set (and Keep) a Budget
GiphyOkay, so I read that last year, 36 percent of Americans incurred some type of holiday-related debt. Hmph. Last year, there was still some sense of normalcy in this country, chile, so I can only imagine what finances are gonna look like over the next several weeks. That said, since I don’t know a lot of people who don’t find being broke stressful, make sure that you and your bae set a budget and then stick to it this year — no ifs, ands or buts.
Because really, y’all — it doesn’t make sense to deplete savings and/or max out credit cards for a few days of giggles only to be damn near losing your mind because you don’t know how to make ends meet come Dr. Martin Luther King, Jr. Day.
And by the way, this tip doesn’t just speak to things like food and gifts; I also mean travel. If it doesn’t make a ton of sense (or cents) to be all over the place this year — DON’T BE.
Keep Matthew 5:37 at the Forefront
GiphyIf off the top of your head, you don’t know what Matthew 5:37 says, no worries, here ya go: “But let your ‘Yes’ be ‘Yes,’ and your ‘No,’ ‘No.’ For whatever is more than these is from the evil one.” That verse right there? Oh, it’s a boundaries lifesaver! I say that because do you see “maybe” or “I’ll think about it” in there? Nope. LOL. It says that you should tell people “yes” or “no” and leave it at that — and that complements Anne Lamott’s quote, “’No’ is a complete sentence” impeccably well. Yeah, you’ve got to remember that anything beyond a yes or no to a request is privileged information; you don’t owe anyone details or an explanation.
Besides, if you are really honest with yourself, when someone asks you something and you give a “Umm, let me think about it” kind of reply, more times than not, you already know what your answer is going to be — so why not let you both off of the hook? Give your response. Commit to that. And let everyone (including yourself) get on with their lives and schedules.
I promise you that when it comes to those holiday parties, you are pissing more folks off by not RSVP’ing or doing so and not showing up than just saying, “Thank you but not this year” off the rip.
Remember That Your Personal Space Is Privilege Not a Right
GiphyA friend of mine recently bought a new house and invited me over to come see it. He’s a single man with no children, so as I was taking in all of the space that he had, especially as I walked through his finished basement, I joked about relatives coming to live with him. “Hell no” and “absolutely not” were pretty much his immediate responses as he went on to say that some folks even had the nerve to be offended when he told them that he had no intentions on taking DNA in.
Ain’t it wild how people think that your stuff is their right? And yes, that brings me to my next point. Your home is your sanctuary space. If you want to host folks this year — cool. If not, ALSO COOL. Please don’t let folks (family included) guilt you into how they want you to act or even into what they would do if the shoe was on the other foot. You are not them — and as one of my favorite quotes states, “If two people were exactly alike, one of them would be unnecessary.” (A man by the name Larry Dixon said that.)
Hell, my friends? They know that I am good for sending them random things that they need or even want all throughout the year. Coming over to hang out at my pace, though. Uh-uh. Chalk it up to being a card-carrying member of the ambivert club yet I like keeping my living space personal — and I sleep like a baby, each and every night, for feeling that way.
Always remember that your space, your time, your resources, your energy and shoot, yourself period (including your relationship), are all things that are your own. You get to choose how, when and why you want to share them. The holiday season is certainly no exception.
Cultivate Some “You Two Only” Traditions
GiphyIt’s not uncommon for some couples to hit me up after the holiday season to “detox.” Sometimes it’s due to the financial drama (and sometimes trauma) that they experienced. Sometimes it’s because they allowed their relatives (especially in-laws) to get more into their personal business than they should’ve. More than anything, though, it tends to be because they didn’t get enough quality time together and so ended up feeling “disconnected.”
Please don’t let that happen. Listen, I’m not even a holidays kind of woman and yet, I will absolutely sit myself down with some hot chocolate and chocolate chip cookies to enjoy a Hallmark holiday film or two. Aside from the fact that most of them are lighthearted and sweet, I also like that they usually focus on couples loving on each other amidst all of the holiday beauty and ambiance — which is something that all couples should set aside some time to do.
Maybe it’s a vacation. Maybe it’s a staycation. Or maybe it’s my personal favorite, A SEXCATION. Whether it’s for a few days, the weekend or even overnight — don’t you let the holidays go by without setting aside time for you and your man to celebrate one another. Don’t you dare (check out “Are You Ready To Have Some Very Merry 'Christmas Sex'?”).
GET. SOME. REST.
GiphyI once read that 8 out of 10 people get stressed out over the holidays and 3 out of 10 lose sleep during to it — and when you’re stress-filled and sleep-deprived, that can absolutely lead to hypersensitivity, making mountains out of molehills and even not being in the mood for sex.
Your relationship can’t afford to go through any of this, so definitely make sure to prioritize rest. I don’t care how unrealistic it might seem during this time, sleep should never be seen as a luxury; it will always and forever be a great necessity.
That said, try to get no less than six hours of shut-eye in (check out “6 Fascinating Ways Sex And Sleep Definitely Go Hand In Hand”) and even ask your bae to take a nap with you sometimes (check out “Wanna Have Some Next-Level Sex? Take A Nap, Sis.”). Not only will sleep help to restore your mind, body and spirit but, when it’s with your partner, it’s an act of intimacy that can make you both feel super connected, even in the midst of what might feel like chaos.
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Holiday season stress is real. Still, never give it the permission or power to throw your relationship off. Put you and your man first and let the holidays be what they are gonna be, chile.
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And so, since this is the time of year when catching a cold (and/or the flu) is common, let’s talk about the impact that sleep (and again, a lack thereof) has on your immune system. That way, you can remain as healthy as possible during the fall and winter seasons.
1. Less Sleep Means More Colds
GiphyLike I stated in the intro, I’m pretty sure you’ve heard somewhere that the fall and winter are the seasons when people are most susceptible to catching a cold or coming down with the flu. And that’s exactly why I thought I would start this all off by sharing the fact that some studies reveal that if you get less than six hours of sleep, on a consistent basis, you end up making yourself more vulnerable to coming down with both. In fact, some research says that only 18 percent of people who get six-plus hours of rest caught a cold while almost 40 percent who got less than that did.
The logic behind it all is sleep gives your body time to build up the proteins and cells (like cytokines and T-cells) that you need to fight off certain viruses. So, if nothing bothers you more than having a stuffy nose or stubborn cough when it’s cold outside, getting more sleep is one way to prevent that from happening to you.
2. Less Sleep Means More Allergy Symptoms
GiphyAt the end of the day, an allergy is basically what transpires whenever your immune system “overreacts” to something that other people’s systems do not. And since sleep is what helps to keep your immune system nice and strong — well, I’m sure you get how less allergy-related symptoms and more sleep go hand in hand. Also, since sleep helps to decrease bodily inflammation (more on that in a bit) and inflammation can also intensify allergy symptoms, that’s just one more reason to get as much shut-eye as possible.
3. Less Sleep Means Potential Diabetes and Heart Disease
GiphyDid you know that in 2024, Black women were diagnosed with diabetes 24 percent more than any other adult demographic. Also, it continues to be a reality that heart disease is the leading cause of death for Black women. These two sobering statistics alone should be enough of an incentive to do whatever you can to keep the risk of diabetes and heart disease way down.
One way to do that is by getting more sleep. Aside from the fact that sleep strengthens your immune system to where it is easier for you to fight off illness and diseases, sleep can keep your blood sugar levels in a healthy space; plus, when it comes to your heart, it gives it, along with your arteries and blood vessels a break.
4. Less Sleep Means Less Time for Your Body to Push “Reset”
GiphyIf you really stopped to consider all that your body goes through during the day (you can read some about that here), you definitely would respect it enough to do your best to thank it by giving it no less than six hours of sleep, each and every night. Sleep is what helps to slow your brain and body down so they are able to “refuel” for the next day. After all, how can your body prevent you from getting sick if your immune system is too worn out to fight ailments off? Exactly.
5. More Sleep Helps You to Fight Off Infections
GiphySpeaking of, in order for your body to fight off infections, there are certain cells and antibodies within you that need to be healthy and strong — one way that they get and stay that way is by you getting a good amount of sleep. For instance, remember when I touched on cytokines earlier? Well, the same way that they help to prevent colds, they also help to prevent infections too. And since sleep lowers your cortisol (stress) levels, rest gives your body the time and space to build up an army that can fight off free radicals and other health-related challenges while you are awake.
6. More Sleep Lowers Bodily Inflammation
GiphyWhenever a health-related issue is mentioned on this platform, inflammation is something that is mentioned quite a bit. Probably the easiest way to explain inflammation is it’s how your body responds/reacts whenever something is happening to your body that shouldn’t be, whether it’s an illness, an injury, a germ or something that you may be allergic to.
If you happen to have chronic inflammation, some symptoms that are associated with that include fatigue, stiff joints, skin rashes, weight gain and moodiness.
The interesting thing about all of this is if you aren’t getting enough rest, you could be triggering inflammation in your body. That’s because studies reveal that a lack of sleep can elevate molecules that are associated with inflammation. So, if you don’t want inflammation to increase within your system, you should definitely catch more zzz’s.
7. More Sleep Regulates Hormones
GiphyWhen it comes to hormones like serotonin, estrogen and cortisol, believe it or not, they play a role in how your immune system acts and overreacts. That’s because, if your hormones are out of balance, that can cause your immune system to work harder than it actually should and that can make you more vulnerable to sickness. One way to keep your hormones leveled out? SLEEP.
That’s because sleep gives your body the opportunity to rest, repair and restore your hormone levels. On the other hand, when you are sleep deprived, that can put/keep your hormones on the ultimate roller coaster ride. #notgood
8. More Sleep Strengthens Vaccines
flu shot GIF - Find & Share on GIPHYGiphyIf you’re someone who is good for getting some sort of vaccine around this time of the year, make sure that you rest up before and after getting your shots. Not only does adequate rest before a vaccination help your immune system to be better receptive to your shots but sleep also helps your body to build up enough antibodies to make your vaccinations effective after getting them. Because if you’re gonna get pricked, shouldn’t it be worth it? My thoughts exactly.
Get some freakin’ sleep! Your immune system depends on it.
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