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.
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
1. Working Moms Are Breaking Down – And Have Had Enough Chief Mom Officer
“Working moms have been sacrificed at the altar of COVID. They are stressed, burnt out, anxious, and tired of the non-stop juggling act of the past year plus.
Millions of working moms have had to scale back on their work hours, work off hours, cut back their ambitions in their career, went part time, downshifted their hours or responsibilities, or quit altogether due to the lack of support of working parents and of children during the pandemic.
They feel they’ve been forgotten. They’re ready to scream. Forty five percent of working moms were not in the workforce in April 2020. This is when the shutdowns of schools and daycares first forced families to make hard choices. Someone had to take care of the kids. Whenever it comes to “someone” and “caring for the kids” – that someone is almost always mom. Even now over 4.5 million childcare slots could be lost. And many schools remain shut down, in hybrid mode, or just randomly close for weeks at a time.”
2. No, I’m Not Investing in Bitcoin Handful of Thoughts
“I think that many people are investing in cryptocurrencies right now because they don’t want to miss out. They see the price climbing and can’t imagine that it will ever plummet. Heck, if Tesla is investing $1.5 billion into Bitcoin, it must be a good investment, right?
And although I’m sure that there are many people much smarter than me investing in Bitcoin. Many have no idea what it truly is. They just know that the price has increased at an insane rate over the past year, and they don’t want to miss out.
We don’t have to look very hard to find people who lost a lot of money investing out of FOMO (fear of missing out).”
3. Signs You Bought The Wrong House One Frugal Girl
“My family and I began searching for a house last June. Since that time, we’ve driven into countless neighborhoods looking for a place to grow new roots. A week ago, we found a place that checked off the boxes on our house hunting checklist. We made an offer and signed a contract, but minutes later, doubt began to creep in.
A thought popped into my mind that wouldn’t leave. Were we about to buy the wrong house?
My husband felt confident in the decision, but I had a nagging suspicion it wasn’t the right fit for us. I hate to make decisions, and I convinced myself it was a bit of buyer’s remorse. Once we moved in and updated the paint colors, it would feel just right. Wouldn’t it?”
That sense that I was just an irrational girl in some people’s eyes meant I tried to hide my emotional tendencies for years. I hated my emotional side, because I felt like it detracted from my intelligence in some undefined way.”
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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