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 #47 (Actually, 186)
1. When is it Time to Pursue a Side-Hustle Full Time? Money With Katie
“To be fair, there are a lot of different takes on this; I know one gal who quit her full-time job before even starting her business because she felt like she was so stifled at work that she had no energy or creativity left over to build something in her free time (I pray that’s not your situation).
My take, however, is that you shouldn’t leave a full-time job until your side hustle has proven long-term, consistent financial viability (sexy, right?). It may not be for everyone, but for the chronically pessimistic and risk-averse (hi, nice to meet you, kindred spirit), this is the only approach that I think works in all situations.”
2. Stressed about the bear market? 3 reasons not to worry I Pick Up Pennies
“Alas, the much-anticipated, oft-predicted drop finally happened. And while we all knew it couldn’t keep going forever, it still stings.
I went from seeing my portfolio jump notably each month to seeing it stagnate — even as I was adding $1,000 to $2,000 a month. Each of the last four or five months, I’ve logged in to make my contribution only to see my balance at almost the exact same amount it was the previous month. And this month, it even dropped by a notable amount.”
3. “Stealth stock-up” A budget saver Donna Freedman
“One way to fight food inflation is to stock your pantry and freezer with the most affordable food you can find today, before prices go up tomorrow.
Not everyone can afford to buy a side of beef or 50 pounds of pinto beans all at once. But a tactic I call “stealth stock-up” just might save your food budget.”
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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