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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 #62 (Actually, 201)
1. Money and Class A Gai Shan Life
“It IS weird raising kids in a higher social class than we grew up in. I grew up with no money, working the family business whenever needed and whatever it was, starting at the same age JB is now.
…Now as we’re raising our kids, we’re conscious of all the luxuries we have that are just normal for them and discuss this openly with JB. We want them to know that this wasn’t easy to come by and that we have to be good stewards of our money. That latter bit is the poverty background talking, I bet. I always worry it’ll all go away with one severe illness.”
2. Starting from Zero: How to Start Generating Wealth as a First Gen Hip Latina by Kara Perez
“Being a American can mean a lot of things. You might be the first one to speak English, the first one to go to college, and the first one to for the family. You might also be a part of (or all of) your parent’s retirement plan. So you’re trying to make money for your parents, money for yourself, and money for your kids…exactly how are you supposed to do this?? You don’t go from having $0 to your name to having $1 million in the bank. You go from $0 to $100, then to $1,000, then to $5,000, then $10,000, and well, you get it.
…As first gen, changing our financial futures can seem overwhelming. You might not have big amounts to start with and that’s okay! What matters most is that you start. You can use the same tools that others have been using for generations to make money to change your family’s financial life and your own.”
3. Lessons from my first year of semi-retirement Modest Millionaires
“One thing that is 100% certain, is that doubts show up no matter where you are. Confidence ebbs and flows. One day you might feel super certain about your next steps and have all the rational reasoning set in stone as to why it makes sense to do this, then the next you might question every single action you take.
If I would have made decisions based on how anxious I feel about the “what ifs”, I’d likely be continuing to pursue full FIRE and then go on to do several one more years of employment after reaching that goal. Sure I would have ended up with way more money than myself and even my kids could ever want in our lifetimes. I’d never need to adapt my budget to the fluctuations of the market or take on some paid work of any form once I would leave my job. But, I would spend several years in a job where I felt less than fulfilled which would take time away from the things I love.”
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.