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.
Table of Contents
Women’s Personal Finance Weekly Roundup #41 (Actually, 178)
1. Saving “Enough” T on FIRE
“I’m always thinking I’m not saving enough.
Do I really need that once-a-month luxury cappuccino? That $6 could have gone into my retirement fund! What about the many giant boxes of pre-packaged granola bars from Costco that would have been cheaper to “make myself”? If I added it all up, buying all these granola bars are lengthening my path to financial independence by at least a few days.
In 2021, I fell short of my goal to save $14,000 in my retirement fund by $622. This is how much I need to save annually in order to become financially independent by age 55. It’s pretty close to plan, but here are my constant internal thoughts about it”
2. ETFs versus Mutual Funds: Which Should You Be Investing In? Our Green Life
“Simply put, they are both great options. What you choose depends on how much flexibility you need, what platform you use, and how much money you have available to you. ETF prices fluctuate throughout the market day but tend to be cheaper than mutual funds to buy into and you can purchase fractional shares on certain platforms.
Mutual fund pricing changes once a day, may require a minimum investment in order to buy in but can be automated. Let’s get into the details.”
3. Dollar Cost Averaging Finance on the Offense
Learn how to decrease the volatility of your investments with DCA, or Dollar Cost Averaging! (YouTube video)
Thanks For Supporting These Women Writers!
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.