Women’s Personal Finance Wednesdays – Week 23
1. Good Things Friday (1) A Gai Shan Life
As should be pretty clear at this point through my Frugal Five series, I love celebrating the small, positive pieces in our lives, money related and otherwise. While the big things are so awesome and absolutely worth celebrating, there can be weeks and months and even years that go by without something “big enough” to celebrate.
I love that this will be a new series by Revanche, and I hope she keeps it up for the long run. Anything that can be used to celebrate us and our small victories and positive parts of our lives should be a priority. There’s a lot of hard out there, and there’s a lot of not good out there that we also need to speak up and rally against, but that can feel really draining at times and just a little pick me up can go a long way.
2. Real Life; Not Fantasy Disabled Girl on FIRE
I first heard from Tami on FIRE Drill Podcast before she started writing her own blog, and I thought then that she was a voice we needed in the personal finance space, specifically within the financial independence subgroup. She is doing some amazing things, and doing them while dealing with hurdles that most of us will never face or even think about.
That said, this is her real life story, and not everything goes smoothly or according to plan. I so appreciate her honesty and willingness to share the not so great on her blog as well as the fantastic, because it tells a much fuller picture of what life is actually like.
3. Never Forever Home Montana Money Adventures
As someone whose parents are currently in their third “forever” home, I think this is an important conversation to have. Too many people make choices with their living situation expecting their lives to never change from the track they have planned, be it from outside forces or simply a change in priorities and wants.
My husband and I bought our “forever home” just shy of eight years ago, and we expect to be here for a long time yet. But does that mean it will be our forever and ever home? I won’t say that for sure. Life changes in ways we can never expect and I don’t ever want to be locked into one path because it’s what my twenty three year old self thought she wanted forever. In my opinion, a better way to look at things is to judge whether you expect to be in a home for maybe twenty years, not “forever.” And even twenty years may be too long.
Growing up in a construction family also meant that I’ve always considered resale value, even if the idea of reselling is twenty years in the future or never. Too many people get stuck in homes they upgraded too far or have to take a much lower selling price because they’ve customized in a way they wanted to live – but that no one else is likely to appreciate.
It generally doesn’t change the way a home is remodeled that intensely, but it’s definitely worth paying attention to. You never know when the time will come that you do want or need to sell, and without that possibility in mind, that process can go very differently than expected.