Women’s Personal Finance Wednesdays: Week 95 Roundup

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 95

1. The near future for the unemployed (and how they can survive financially) I Pick Up Pennies

Abigail starts this post with some pretty stark numbers in terms of how many people are (not) getting by in this country, and how much worse they are likely to get. The pandemic and resulting recession (depression?) won’t be over for a long time yet, even in the best case scenario. Which, if the last five months are any indication, is not going to happen.

If you’re struggling, or no someone who is, or are looking at the possibility in the near future, this post is a great checklist that will help work through the details. Time are and are going to continue to be tough, but there *are* steps you can take to make sure you are fed and housed, even with no to little income.

2. Vicki’s answers: What could possibly go right? Vicki Robin

“Perhaps, especially with the economic and health stress the virus has brought, this seems as ghoulish as the Charles Addams cartoon here. I think these disruptions have been long overdue, however. And in the cracks, I see light.”

Life is rough right now, and it is so easy to doomscroll on Twitter right now and focus on all the bad. Clearly, it’s important not to waive off the bad, because it’s there, but perhaps sometimes we should think of the good. I’m – very cautiously – hopeful that maybe, just maybe things will turn out for the better eventually because of all this. There are so many problems that 2020 has been exposed, and we just can’t go back to “normal.”

3. Marriage Income Disparity – When Wives Earn More Handful of Thoughts by Millers on FIRE

I make more than my husband does, and have for a good while. And so do many of my female friends in heterosexual relationships. Somehow, though, this narrative is one that gets lost or excused away or that women “feel uncomfortable” making more or men feel “emasculated” for making less. Which is bonkers and something that absolutely needs to be left in 2020. After all, why would there be a problem with MORE money in the household? Wild.

While this post is written from the point of view of the partner who makes twice as much, the advice is great for any relationship. There are so many different ways to manage money, but being open and honest is the bedrock to all of them.

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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