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Welcome to the Women’s Personal Finance Wednesday Roundup! We started this series back in 2018 on TreadLightlyRetireEarly.com to showcase the fabulous women in the online personal finance community who are talking about money online. Even now, there is a perception that women aren’t good with money, don’t care about money, or don’t understand it on a granular level beyond perhaps knowing how to coupon and score a good shopping deal.
These roundups are our way of doing a small part to change that perception. There is no shortage of women online doing their part to make it clear that they DO understand money, and these posts are meant to amplify that fact.
Why does it matter? Because representation matters. Because reading and hearing stories from those who (may or may not) look like us show us that yes, we too can figure out this money thing, that we too have important stories to tell. And that we too know quite a lot about money and are experts worth listening to.
Since Women’s Personal Finance has grown up to get its own website, it’s time to transition these roundups over here to the dedicated website. Same great content, new home!
Our Women’s Personal Finance Facebook group on Facebook also has a sharing thread on Fridays, and that’s the place to read all the blog posts written by members over the previous week. If you’re looking for more articles written by women and nonbinary folks, that’s a great place to continue reading (plus we have plenty of great discussions on finances the rest of the week as well!).
If you don’t have the time or inclination to go searching down myriad posts, though, we will be continuing this series every week to showcase some of the best of the new content we read. If you ever read a post you think we absolutely need to consider for this roundup, please let us know! We are always open to reading new blogs and want to celebrate those newer voices as well as the more seasoned ones.
And with that, here is the best (in our opinion) content by women and nonbinary folks this past week. Let us know what you think in the comments! We love discussion.
Table of Contents
Women’s Personal Finance Weekly Roundup #79 (Actually, 218)
1. Social Media is Destroying Gen Z’s Finances A Dime Saved
“Millennials and Gen Z tend to do more shopping through social media than other generations. According to the Bankrate survey, 49% of them have made an impulse purchase on social media, and 64% of those people have regretted it after the fact.”
2. How to Stop Spending Money When You’re Sad Wondermind by Melanie Lockert
“Picture this: You’ve had a bad day at work, you were dumped, or you’re just in your feels for no apparent reason. Then, suddenly, e-commerce is calling your name, practically begging you to go to The Container Store, Nordstrom, or just Instagram and “Add to Cart” with reckless abandon. Or maybe you walk into Target (uh-oh), where it is impossible to leave without grabbing a fun lil drink, an impromptu yoga mat, some home decor, and a cardigan that looks more expensive than it is. Even thinking about it feels kinda good, huh? That’s the power of retail therapy, baby!
Spending money can be a coping mechanism like anything else, something you turn to when you’re feeling emotional, need a little flicker of something new or aspirational, or want to activate the feel-good chemicals in your brain.”
3. I Can’t Stop Spending Money! Your Money On Your Terms
“6 Tips to Stop Negative Bank Accounts & Spend Money Wisely (Podcast Episode)”
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As always, if you’re looking for a categorized list of self-identified women and nonbinary folks writing and speaking about personal finance, here is the comprehensive guide to the Women of the Financial Independence Community.