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 it’s 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 #1 (Actually, 138)
1. Personal Finance is not Just About the Math Firebird Finance
“Be careful not to compromise with yourself over the long term just for financial gain. This is markedly different than doing something in the short term, like working a second job on the weekends for a little while to get out of credit card debt. Short term sacrifices for financial improvement are meant to be sprints, not a whole marathon. Burnout is more likely in this situation, which will lead to other issues and your ability to make decisions.”
2. The LGBTQ+ Wealth Gap: What is it & What can we do? I Like To Dabble
“When you grow up in a society strictly built by and for cisgender heterosexual people and couples, you easily get left behind when you don’t fit the mold. Especially when many financial institutions still won’t come up to date with the LGBTQ+ community, nor try to openly support them.
One third of individuals who presented bank cards with a name or gender that did not match their presentation reported harassment, denial of service, or even physical attack. Imagine if your bank put you in danger like this day in and day out by invalidating your identity and making the very experience of going to the bank or doing anything with your money a traumatizing event?”
3. How to Determine Your Investing Priorities Miranda Marquit
“Whether you are saving up for a down payment on a home, planning a wedding, paying off debt, or saving for retirement, your money is a resource that you can use to your advantage. This is especially true when it comes to investing. Know your investing priorities and put your money toward the things that are most likely to help you achieve your goals and live the life you want.”
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.
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