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 #61 (Actually, 200)
1. So My Bank Account Was Closed, Now What? Pavilion Financial Planning
“Wells Fargo notified several sex workers this week their bank accounts would be closed. No definitive reason was given by the company. It’s likely accounts were marked for closure by transactions from legal online sex work platforms.
Is this even legal? Unfortunately, yes. Read the agreement for your account carefully – most banks have the ability to shut down your account without notice. They still have to return your money, although you still may be subject to overdraft or closure fees.”
2. “Quiet Quitting” Is One Of The Dumbest Things I Have Ever Heard From One Geek To Another
“I was today years old when I actually decided to look up what the hell “quiet quitting” was. It keeps being referenced on Twitter so it seemed like it was time to finally look into it. I was rewarded for my efforts with this nonsensical explanation: “Quiet quitting can sometimes refer to setting of boundaries at work or not taking on more work than necessary.” Also this: “For some, it means not going above and beyond at work. Most, however, agree it does not mean you’re leaving the job.” Now, in my world, this is actually called working. Or having a work-life balance. Or not being a workaholic. That is not quitting. The name makes no sense.”
3. Coming Into Focus Carla Ciccone, Harper’s Bazaar
“Once thought to primarily affect overstimulated boys, ADHD has become an epidemic among adult women. For one writer, coming to terms with her diagnosis later in life has put her past and family history in a new light.
…Uneasiness has been a constant in my life. As a teenager, I wanted to be confident, do my homework early, keep my bedroom tidy, and stick to a budget so I could buy Angel by Mugler, my teen dream perfume. Instead, I hated myself, rarely did my homework on time, cleaned my room only when it reached hazmat status, and smelled like Skittles, courtesy of Sunflowers by Elizabeth Arden, because I blew my Angel budget on weed and McDonald’s. Adult me was the same, but with debt and clinical depression. I chalked up my personal and professional disasters to a deep personality flaw that left me feeling like a frightened clown trying to blend in at a cocktail party.”
BONUS If that luxury car is taking up 50% of your monthly income is it really a luxury? Bitch I’m Budgeting
“I dated a man whose car was taking up about 50% of his monthly income. We had a lot of money conversations but as 2 ppl who grew up in the hood that car was seen as a status symbol.
Hell it was a nice car but after being together for awhile you realize is it truly worth it to always have to shift money around for a car and insurance? Is the car and “status” worth more than accomplishing your goals? Or was that the end goal?”
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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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.