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 #23 (Actually, 160)
1. How Long It Takes to Reach $1 Million in Investments Bravely Go
“Once you’ve opened the accounts and chosen your investments, the magic of investing mostly comes down to increasing the amount you contribute monthly.
Here’s the simple truth: the more you can invest, and the earlier you can get started investing, the better chance you have of becoming a stock market millionaire.“
2. Is the 4 Percent Rule for Early Retirement Officially Dead? Rich Frugal Life
“I’ve heard rumblings around the personal finance and FIRE community that the “4 percent rule,” a popular early retirement withdrawal strategy, might be outdated for a while now. But has the day finally come? Is the 4 percent rule officially dead!?
With Inflation at levels we haven’t seen since the 1990’s, and future market returns expected to be lower for the next decade, many experts are finally calling it.
Is there any hope left for the 4 Percent Rule?
Morningstar recently released a safe withdrawal study suggesting that the 4 percent rule of thumb should be revised to 3.3 percent. Others in the personal finance community are more pessimistic. However, while early retirement just got a bit riskier, it seems that the 4 percent rule might still be relevant for some early retirees. But it’s no longer a slam dunk.”
3. Maintenance and Demolition: How We Converted a Sprinter Van in 4 Months for Just $8,000 Lifepothesis
How often do you get to swing a sledgehammer in your house? We had a blast demolishing the old build inside our new (to us) 2010 Sprinter and getting a fresh slate. We also took care of a lot of maintenance items and upgrades that are necessary when you buy a used van to convert. And we got to get the first peek at our layout with “real life 3D modeling”
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.
Love what we do here at Women’s Personal Finance? Want to support that effort so we can continue to do the awesome work you love? Sign up to be a Supporter / Join the Insiders Club.