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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 #50 (Actually, 189)
1. Can You Save Too Much Money? A Lawyer And Her Money
“So much of personal finance advice is about deprivation. You can’t have this or that because you have to think of the future. But really money is best thought of as balance. Historical Me spent a lot of time preparing for Future Me. Present Me wants to have some fun, and why can’t I? Money and effort should be allocated so that my past, present, and future are all good. And if I spend my money in certain ways, like perhaps taking care of myself, that money is being put to better use than being saved for a rainy day.
Also, we need to stop thinking of money as something to hoard. Money is meant to be used. The future is uncertain. I have no interest in dying with a lot of money leftover. I don’t have kids and my family doesn’t need my money (also I’m the youngest). The money won’t do me any good when I’m in the grave.”
2. Procrastinating on Opening a Retirement Account? Here’s 3 Ways That’ll Fuck You Over Bitches Get Riches
“It’s totally okay to de-prioritize retirement temporarily as part of a comprehensive plan to make your future self happier and more stable. Some people out there make it sound like “if you’re not putting 35% of every paycheck into your retirement you will die friendless and alone, licking moss for sustenance in the mouth of a forgotten cave!” That obviously isn’t true.
Still, the three situations we’ve outlined here are as close as the real world will ever come to giving you legitimately free money. And it’s absolutely crucial that you don’t leave any of that money on the table. Max out the company match, then do other things. You’ll thank me later.”
3. Should you buy stocks in a recession? Stocks and Savings
“We’re in a recession! Do you invest no matter the news headlines?” (Instagram/TikTok story)
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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Angela is the cofounder of Women's Personal Finance. When she's not talking about women and money, she's riding her e-bike, hanging out at her urban micro-farm with her family, or listening to a new audiobook.