Women's Personal Finance Wednesday Roundup

Women’s Personal Finance: Wednesday Roundup June 15, 2022

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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, 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.

Women’s Personal Finance Weekly Roundup #49 (Actually, 188)

1. 5 Reasons I Stopped Thrifting Melanin Base Camp

“It wasn’t a conversation I ever had with myself. And I don’t think I stopped because I understood the importance of not thrifting if you don’t have to. But it just sort of happened. Thrifting was no longer a necessity for me, it had become a leisure activity. And I had other leisure activities that occupied my time. As my income increased, I also lived farther and farther away from the thrift stores, pawn shops, and payday loan centers that had defined the neighborhoods of my early 20s. So it sort of made sense that I no longer shopped there. 

It eventually reached a point where I would have had to go out of my way to thrift. And it would’ve felt strange to park a $23,000 car in the lot, walk into a place full of donated items and score a few “cute tops” for $5. Like, ‘no hun—that is not the way,’—but anyways, I wasn’t consciously thinking any of that. I just gradually stopped thrifting. “

2. Stock Market Crash! What Should I Do? How Much Is That In Tacos?

“The economy is trying to figure out what to do as inflation is raising. Production issues are causing supply chain issues from all over the world. Gas prices are growing. And Russia decided to be a big butthead and throw a war into the mix as we’re all trying to get back to normal while a worldwide pandemic is still messing things up. 

With all this craziness going on, the stock market is a reflection of the general feelings of most people. Companies may be coming back stronger than ever, but fear and greed are what control how the market moves.

So with all this craziness going on, what should I do?”

3. Medical Tourism: Visiting a Doctor for $2.50 & Filling a $1 Prescription in Merida, Mexico A Purple Life

“I turned to Medical Tourism, which is when you go to another country for medical care. Americans do this because most other countries have cheaper healthcare and better outcomes than our own. And some countries that fit this bill, such as México, are a short flight away.

So I looked into what countries are known for great and affordable medical care and saw people raving about México. In a post a few weeks ago, I described my very first foray into medical tourism, which was a $32 dental cleaning in Mérida. Today I’m going to talk about visiting doctors and filling prescriptions in Mérida. So let’s see if Medical Tourism in México is all that I expected it to be.”

Thanks For Supporting These Women Creators!

As always, if you’re looking for a categorized list of self identified women writing and speaking about personal finance, here is the comprehensive guide to the Women of the Financial Independence Community.

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