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 58
1. Why Development Economics Matters Elementum Money
For starters, if you aren’t familiar with the term, “Development Economics is the discipline of understanding means of employing policy and intervention in the most efficient manner for poverty alleviation and making the world a more equal place.“
For those of us who are immersed in the Personal Finance space, very little ends up being focused on the broader implications of financial policy at the macro level. While this is clearly a big, tough thing to tackle, I would argue that it’s something that we should be better versed about. Considering we spend so much time talking and thinking about how we can make our lives better individually – especially in terms of finances – it only makes sense to look outward at the bigger picture and how the poorest in our planet are impacted and work through a world in which they are at a disadvantage.
2. Be a Green Investor with Socially Responsible Investing Financial Mechanic
It probably comes as no surprise that I invest in Socially Responsible Funds myself (specifically both Vanguard ESGs that she mentions). I have to admit though, I haven’t done nearly as detailed of an analysis as Jessica’s done here, but it’s definitely convinced me that I will be sticking to this path in the future. Of course, I’m also lucky in that I am able to also invest locally in green development projects, which I know firsthand the reality of their sustainable nature.
Clearly, there is still plenty wrong with ESGs, especially considering the massive global companies they still invest in, but they are definitely a step ahead of a general broad based index fund. If you want to get more specific and look at individual companies, that will obviously take more legwork, but if you’re interested in Socially Responsible funds, this post is a great place to start.
3. My Money Background All Options Considered
This is a long post – be prepared – but such a good one. Ali recounts her money story starting with her early years and the impacts the adults in her life had on her up through today. Reading through it, I’m not surprised that she was able to make the leap into early retirement when she did, even if that wasn’t a lifetime goal of hers.
What I took away most from this post was the importance of positive figures early in life (even if they aren’t your parents), and the impact of watching people you love lose out on the long retirement they hoped and dreamed of. I feel like I know Ali a bit better now, and I feel honored that she felt open enough to share her story with all of us online.
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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3 thoughts on “Women’s Personal Finance Wednesdays: Week 58 Roundup”
i can surely relate to being having to figure out what to do in my 20’s like ali. it feels like an accomplishment to have gotten it all figured out on her own even after a series of crappy/mediocre low paying jobs. you don’t know what you don’t know about this stuff if there’s nobody who’s been there to guide you.
cruddy family is the worst. i flushed that toilet some time ago.
Great blog post by Jessica and awesome timing seeing as Greta Thunberg was just in Vancouver this past Friday. I am doing my part to make a better community and reduce our impact on the environment but this post reminds me I need to also do my part with my investments. I have been looking into funds that I can change over to that support these same values.
There’s SO much to do when it comes to doing better environmentally. Takes time to switch everything over for sure.