Women’s Personal Finance Wednesdays – Week 25
When Optimization is Suboptimal Owning The Stars
In the financial independence space in particular, the idea that we need to optimize everything is rampant. Productivity is obviously important, and there ARE some great time saving hacks out there, but the idea that we constantly have to be hustling and more efficient isn’t a great one.
While this post is particularly centered around her mental health journey the last couple of months, the process she talks through is one that we could all pay attention to. She has some seriously good advice here:
“So give yourself some space. Some leeway to slow down and breathe. Some permission to rest.“
While I’m not always the best at this, cutting my work hours to 80% time has gone a long way to finding a little bit of that space. While that isn’t an option for everyone, having a little extra time in your day can make a whole lot of difference.
Nothing Wrong With Retiring At 65 Whymances Of Finances
Obviously, here in the financial independence, retire early community, we talk a LOT about retiring well before age 65. To the point where someone retiring in their fifties or early sixties wonder if what they’re doing even “counts,” which is a little bonkers.
With so many people landing in retirement not by choice without adequate finances – or continuing to work well past the age they would really like to retire – the concept of financial independence is one that EVERYONE should hear.
Retiring securely at 60, 65, 67 is a wonderful goal, and one many people will never accomplish. Regardless, the principles that guide the FIRE movement are ones that are useful to anyone, no matter what their personal situation. Not everyone will be able to retire early, especially not fantastically early, but I would love if the conversation was inclusive enough that everyone moved in a direction of more financial security and freedom.
My Job vs. My Mental Health: At A Crossroads 76k Project
More mental health stuff as it relates to employment this week. “It’s only a job” and “take care of yourself first” is great advice, but most of us live with the reality that just up and leaving a bad situation isn’t as easy as that – and as 76k Project is finding out, escaping from one bad situation doesn’t always mean landing in a better one.
Our mental health is important, and starting to have more of those kinds of conversations with our employers when we’re struggling is hopefully the beginning of a more transparent and understanding workplace. Even the best of situations can be hard when you’re struggling, and a less than ideal one is even more challenging.
No matter what, I think it is so important for us to share these experiences because not everything is going to be sunshine and rainbows all of the time and knowing others are working their way through tough times can make us feel a little less alone in our own struggles.