Women’s Personal Finance Wednesdays – Week 57
1. It’s Okay to Feel Guilty About Spending Money Cash For Tacos
Wait, what? She’s talking about guilt as a GOOD thing? Instead of trying to push past our guilty feeling or pretend they don’t exist, Melody is asking us to truly feel them and figure out why they’re there and what they mean. And I think she has a point.
In order to look at those feelings, she asks three questions to help figure out the WHY behind the guilt. While the first two are ones that I regularly ask myself, number three caught me off guard and has me going back to think about my own spending. Money is complicated, no matter how much we would like to think otherwise.
2. The Cost of “Parental Leave” in the USA Wise Mind Money
Read this. Even if you aren’t a parent or don’t even ever plan to be one. Maternity, and paternity, leave is a really important topic for all of us to understand. And to understand why it is absolutely not a vacation, nor should it be treated as such. Unless you’ve been through it yourself, my guess is you don’t really understand how it works.
And even if you have gone through it, policies vary so wildly from company to company and state to state, your experience is likely to be very different from someone else’s. With that, go read Emilie’s story of her first twelve weeks with a baby.
3. Debt: Who F*cking Cares The $76k Project
“Somewhere along the way, I got sick of feeling like making money and paying off loans were the most important non-family things in my life...
I guess I’ve realized that it is truly possible to live, really live, with debt. Like, you can have a student loan and also have a life. You can invest in the experiences and things you value and still be good with money.”
This post is specifically about debt payoff, but it could just as easily be used to talk about financial independence (hello, SlowFI!). Just because paying off debt : saving boatloads of money as fast as possible sounds good on paper doesn’t mean it’s necessarily the best choice for your life. Or, if you’re in it for the long haul, it might not be the best choice forever.
Life is meant to be lived, not sidelined while you achieve higher numbers on the money scoreboard. After all, that scoreboard grinds to a halt for all of us someday, so how much does it ultimately matter? Being a good human, enjoying life (while balancing preparing for the future) is pretty dang important. After all, what else is there, really?