• Business consultant Kendra Y. Hill made $2 million during the pandemic.
• Sex worker Jet Setting Jasmine earns six figures annually from multiple income streams.
• Despite working in different industries, the two women share three money habits that help them manage their high incomes.
• Learn how to find the right financial advisor for your lifestyle.

Sex educator and adult entertainer Jet Setting Jasmine earns six figures annually, yet the stigma sex workers face makes it hard for her to manage her money. 

Jasmine tells Insider, “The fact that I can’t use certain payment processes, it’s an automatic indicator that my money, my work is not welcomed. During the pandemic, we were not allowed to apply for a small business loan, but we pay our taxes just like everyone else.”

Jasmine and her husband, King Noire, own Royal Fetish Entertainment, which directs and produces adult entertainment content and hosts educational events. The couple also earns passive income from a line of sex toys made in their likeness, and Jasmine is a licensed clinical therapist with her own private practice.

To show that smart money management transcends industries, Insider compared Jasmine’s money habits with those of millionaire CEO Kendra Y. Hill, a business consultant who earned $2 million during the pandemic from helping YouTube influencers monetize their content.

1. They both create money goals at the end of each month

Jasmine tells Insider, “Our staff is paid on a monthly basis, so we do a complete profit and loss analysis. We’re double-checking to make sure that what each one of our income streams says that we made is actually in our account.”

Similarly, Hill says, “At the end of every month, I map out what I’m going to sell through my business for the next month.”

Both business owners also check on their financial plans weekly to make sure they’re on track to meet their monthly expenses and savings goals.

2. They rely on their accountants for financial advice

“We finally have an accountant, so that’s been really helpful,” Jasmine says. In the past, she and her partner used accounting software to file their own taxes. Having the insight of an accountant has relieved financial pressure so they can focus on creating more entertainment content.

Hill also relies on her accountant, with whom she’s built a long-term relationship, for recommendations on personal finance books or business seminars.

3. They focus on earning more over cutting on expenses

Instead of drastically reducing their spending to free up money, both Jasmine and Hill focus on increasing their earning instead.

While King Noire is more conservative with saving, Jasmine prefers to pay for purchases up front in bulk, then focus on earning once her family’s needs are met. For example, she says she would rather pay an independent contractor in advance. “I spend out of anticipation of recouping the money with passive income opportunities,” she says.

Hill has a similar approach. She gives herself a $30,000 discretionary spending budget each month, even though she doesn’t necessarily use all of that money. “If I want to do something extra,” she says, “I take it from that money. I’m not someone who believes in depriving myself of things.”