Welcome to another week of the Women’s Personal Finance Wednesdays roundup. I started this series after months of debate because I wasn’t certain I wanted to up the ante and commit to publishing three posts a week. However, now that I’ve started sharing these posts, I’m so glad I started.

There are so many fabulous women writing about personal finance online, and yet there is still 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 my way of doing a small part to change that perception. There are 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.

The hardest part of this post every week always is narrowing it down to my favorites, because there is just so much good content out there. If you’re ever interested in what else I’m reading, I share quite a few other posts on Twitter (and that’s also where I read most of the content to begin with these days).

Our Women’s Personal Finance Facebook group 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, I will be continuing this series every week to showcase some of the best of the new content I read. If you ever read a post you think I absolutely need to consider for this roundup, please let me know! I am always open to reading new blogs (and posts of blogs I do know, because I miss some).

Women’s Personal Finance Wednesdays – Week 55

1. The New FI: Forget Financial Independence, Achieve Financial Improvement First Mad Money Monster

Even as someone who is “chasing” financial independence, albeit on the slowFI path, it can be easy to fall down the rabbit hole of stories of people who have made it to early retirement in their thirties or even late twenties. While I KNOW we have chosen to make different decisions for our lives right now and not live as frugally as we absolutely could, it’s hard sometimes to ignore the flashy story of someone who did it “better” than you. Never mind we don’t actually want to retire early at this point.

Sometimes it seems like the options are either: a) live normally and in debt with no savings, b) live like no one else today a la Dave Ramsey or c) live similarly frugal with the goal of hardcore early retirement. The fact is, there is a LOT of space on that spectrum in between, and I believe that’s where joy likely lives for most of us: solidly saving for the future while enjoying some of those pleasures today, too.

2. 5 Finance Tips I Used to Love, But Now Realize Are V Stupid Mixed Up Money

These tips, for the most part, sound great on their face. And to a certain extent, I *have* followed them. But, I’ve followed them in a way that best fits my life (now that I have a pretty good handle on where our money goes). Personal finance is personal for a reason, and it’s hard to think of a single piece of advice that will work for every single person.

Like Alyssa points out, there are plenty of reasons why good advice can be bad advice depending on your situation. The biggest problem I see with these rules of thumb though reflect back on Lisa’s post at Mad Money Monster – that you can feel like you’re doing it wrong if you don’t follow the list of steps exactly like the “experts” say you should. Life is much more nuanced than that, and our finances should reflect that.

3. Menopause and Money FI After 50

As I’m not at this stage of life yet myself, I don’t read much about menopause or aging as a woman at this point in my life, but this was an eye opening read. We all hear plenty about hot flashes and the physical stuff that comes with menopause, but the finances seem to take a backseat. Unless we’re talking about things like outliving men and being more likely to be caregivers, I really don’t hear about the other financial costs of growing older that are specific to women.

At sixty, Deb has a perspective that we all need to hear. Instead of dismissing the stories of older people – especially older women – it’s time to listen and learn, because they have life experiences we simply haven’t had yet.

I hope you enjoy the posts this week as much as I did. I read a ton of content and it was hard to narrow down my favorites. I’m looking forward to sharing some new ones with you again next week!

As always, if you’re looking for a categorized list of self identified women writing and speaking about personal finance, here is my comprehensive guide to the Women of the Financial Independence Community.

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5 thoughts on “Women’s Personal Finance Wednesdays: Week 55 Roundup

  1. if family and proximity to them is important to you, like in your case angela, then surely just moving to a cheaper location would be a big disruption. one of the best moves i ever made was to move to a PLACE WHERE I WANTED TO LIVE. i really can’t overstate that. if you’re capable you can always figure it out once you get there.

    it’s good to hear from some of the over 50 club of which i am a member. i don’t know about deb but my list of stuff “not to do” that i have done is pretty long. it’s mostly fun to relate these goofs on the page.

    1. Oh yes – actually living in a place you enjoy is SO impressive! Goes back to the whole idea of enjoying the journey, because ultimately, the destination means we’re dead 😉

  2. Thank you for this weakly roundup. I found your Blog through the New York Times article. I am an avid reader since. Greetings from Augsburg in Germany! Love, Michaela

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