It is always an exciting moment when a sugar baby and her sugar daddy agree on the allowance. This may be overwhelming at first to most sugar babies new to the game, and they might often find themselves wondering what to do with all the money they are now receiving. A sugar baby payment is like a special income, an infusion of money that will have to be handled appropriately and with care. There are many ways of handling the transaction of the money between a sugar baby and her daddy. Here are some of the most popular methods.
One of the most popular methods on the sugar baby allowance guide. This requires some trust as the sugar baby has to give the name of her bank, her full name and her bank account number for him to make deposits directly into her account on a specific basis, be it weekly or monthly.
There is a possibility of certain troubles related to taxes.
This is easy and requires almost no effort from the side of the sugar baby other than in the initial stages. She can just test you with something like: ‘Sugar daddy, send me money’, and the deal is done. Besides, keeping money in the bank is a lot more secure than stashing thousands of dollars under a pillow.
One thing to keep in mind is that though most sugar babies have an allowance of under $10,000, regular deposits of a few thousand dollars can still raise some questions from the bank.
Anyone who ever received a big bulk of cash knows how easy it is to lose track of your spendings and see it gone way before planned, which is why some money management skills are required for this method to be used. The routine process of handing over an envelope with a few thousand dollars in cash can be awkward for both the sugar daddy as well as the sugar baby. This can also lead to some minor paranoia, having to carry large sums of money, and the more cash, the more paranoid the person.
Untraceable, though this does have its downside. If you lose it – it is gone, and there is no returning.
If this is the preferred method of transactions, make sure to make little deposits into a bank account just in case. Also, get some money orders that will handle the payment of the rent, tuition, and other expenses. These can be found in local post offices and are a safe and untraceable way of paying the bills and generally reducing the stress that comes with handling all that money.
Arguably the best option there is this day. If there’s a sugar daddy willing to send money, there won’t be an easier way to do so.
Almost as untraceable as cash. It is fairly easy to reload it with more money. Withdrawals can be made from ATM’s and normal use for paying the sugar babies bills.
Lots of trouble in the event that the sugar baby loses it. Make sure that the card can be re-issued without the loss of funds on the card and the account. It is vital that a copy of the card number is kept as well as all the other relevant information.
PayPal is an incredibly convenient way of sending and receiving money without having to bust out all of the sugar baby’s details. All that is needed is an email, after which the sugar daddy is free to send the allowance whenever he chooses to.
Protection of personal information, very convenient, fast and easy to use.
Electronic records are kept of every payment made via the card.
Other Peer-to-Peer Options
Since PayPal is not the only existing and working payment method out there, it makes sense to look at some of the countless alternatives that are available this day. Hundreds of apps are available that will let a sugar baby gain access to her allowance with only the email and/or username that is tied to the account. Some services worth trying are Venmo and Google Wallet.
Just as PayPal – fast and secure.
Not anonymous, electronic records are kept.
Bill payment option
How can sugar daddy send me money? There are many ways of doing so, and one practical way of paying allowance is through paying bills. How does that work? It’s considered to be quite a normal way of sugar daddy payment methods when sugar babies have sugar daddies pay for their bills.
- Pros: it’s one of the practical ways of how to get money from a sugar daddy. There can be no limit on how much a sugar baby can get. More generous sugar daddies pay for the rents, tuition fees, and other types of bills. So, instead of taking cash, sugar babies get their bills paid.
- Cons: the problem is that sugar babies need to disclose what they need to get paid. Thus, no privacy in terms of what they plan to purchase or benefit from.
Sugar daddy apps that send money
In the digital world where money can be sent within seconds, it’s quite normal that there are specially designed apps through which you can send money to sugar babies. There are great sections of choosing a sugar baby and depositing money at the same time. Such apps make it simple to perform such transactions. Such an app makes your experience more convenient.
- Pros: there are many benefits of using such apps. On the guides of how to get money from a sugar daddy, such apps are among the most favorite ways of getting paid. There are even sites that offer a feature of bidding, so sugar babies can pick the best one willing to pay more. In some cases, such apps might offer a chance to meet in person before assigning any payment.
- Cons: what can be bad about such apps? First of all, not every app is worth your attention and time, as there are so many scams. Secondly, not every app can offer top-notch performance and profile quality. Thus, your discretion is a must when choosing a dating site.
Cryptocurrency as a sugar daddy payment
The world is getting more modern in terms of technology, and cryptos have become a new means of payment. So, how to get money from a sugar daddy? Cryptos can be a great solution.
it’s a convenient and fast method of payment. Besides, cryptos ensure maximum levels of anonymity. No fear of scams.
the only setback is how well sugar baby knows about cryptos and how to deal with them, as it’s something related to technology and finance at the same time.