Women's Personal Finance Wednesday Roundup

Women’s Personal Finance: Wednesday Roundup October 5, 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 and nonbinary folks, 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 #64 (Actually, 203)

1. Experiencing White Homelessness as a Black Person in a White Town Michelle Is Money Hungry

“They all brought up one joke that wasn’t necessarily funny. They brought up that they’d never seen so many poor/homeless white people until they came to Denver.

They were noticing something that I’ve lived with for quite a long time and I think that there is some insight into the issue of poverty, policy and what I’ve learned and observed as a Black woman experiencing white poverty in a primarily white city. This insight I think will also show you why I think Americans are completely unserious about tackling poverty, because of how I see people reacting to the white poverty in my town.”

2. That Time My In-Laws Grilled Us On Our FIRE Plans Eat Sleep Breathe FI

“It does feel good to have more than enough. It’s very powerful to know that you could stop if you wanted to, but you are choosing to keep going.

However, we’re also mindful of a phenomenon known in the FIRE community as “one more year syndrome.” It’s when someone has reached their FI number but can’t bring themselves to pull the plug on their job. 

Whether out of fear of the unknown or a need for “just a little more” money, they continue to work for “one more year.” The problem is, even one more year of working often doesn’t assuage their worries. So one more year can become an infinite number of years.”

3. 4 Lessons Divorce Taught Me About Money Vee Frugal Fox

“Age-based milestones are bullshit. Forget whatever things society says you’re supposed to, when they say you’re supposed to do it. Do what you want, when you want, however you want. Period.”

BONUS. It’s Happening! We Reached FIRE and Retired Early in Our 30s! Modern FImily

“We’re now entering the wild wild west of early retirement.  We’re starting things off in a recession where the stock market has plunged ~20% during the first half of the year.  YIKES.  We’re starting things off during record high inflation.  WOWZA.  We’re starting things off with a war going on, a pandemic still ongoing, and energy prices skyrocketing. SHIIIIT.  We’re starting things off during a time that most similarly replicates the 1970-1980s when the 4% rule didn’t look so hot. UH OH.

And guess what? We’re actually feeling really confident with everything.

Pardon me? Why?”

Thanks For Supporting These Creators!

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

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