Women’s Personal Finance Wednesdays – Week 21
1. Full Circle. Burning Desire For FIRE
Frogdancer Jones has clawed her way up from a really tough financial situation in the past two decades from when she was a young single mother of four boys. I’m consistently in awe of what she’s managed on a teacher’s salary, and she is closing in on her full financial independence number in her fifties.
She is a wonderful storyteller, and this post is another captivating story about just how far she’s come, and appreciating where she is now. Sometimes it’s easy to forget the hard early years of our financial journey, but it’s so important to look back with gratitude and know how amazing it is to be where we are now.
2. Net Worth Update: January 2019 Poorer Than You
Stephonee hit a $100,000 net worth for the very first time in January!! This is such a big freaking deal that I wanted to share here and celebrate with her. She and her husband make modest salaries in a very high cost of living area and have a young daughter, but with a lot of focus over quite a few years, they’ve ticked over this big milestone.
For those of us who don’t make huge salaries, the savings numbers shared in much of the personal finance community feel huge and unreachable (at least in a short period of time). I love the transparency in this post and the real numbers – and years – it took for them to save their first $100,000. Here’s to the next $100k, in hopefully much less time now that they’ve got size and compounding on their side.
3. 7 ways to manage money anxiety I Pick Up Pennies
Like I’ve said any number of times, money is absolutely an emotional thing, and one of those common emotions associated with finances is anxiety. Abigail recently got divorced and is working on her finances on her own for the first time in more than a decade. Even though she was always the money minded one in the relationship, going at it on her own brings on a whole new round of money anxieties, as well as ones she has dealt with for a long time.
This post is a great one for discussion the more emotional side of finances and good ways to work through them, though my favorite on the list is the last one (#7) for the raw honesty and acceptance in dealing with money related anxiety.