My name is Chelsea Brennan, an ex-hedge fund investment manager who made a major life move to choose family and passion over money. I am a full-time blogger, finance writer, aspiring homesteader, and Potterhead living in Connecticut with my husband (a rockstar stay-at-home dad), two young boys, and puppy named Stitches.
I spent the first act of my career working in finance. I spent three years on Wall Street at Goldman Sachs before moving to a debt-focused hedge fund in Boston. At 25, I became a Vice President and took over investing my own portfolio. When I left at age 27, my portfolio was valued at $1.3 billion.
But while I had loved learning about money and investing from a young age, I wasn’t happy. My job kept me away from my young family too often, only seeing my oldest son for a few minutes before bedtime. And while my income was quickly helping us on the path to financial independence, I craved a job that would have a positive impact on people’s lives. (Something that is not the focus of hedge funds generally…)
So, a week before my oldest son’s first birthday, I started Mama Fish Saves. For everyone asking, “Why a blog?” I’ll tell you this. I didn’t know what I wanted to do. But I did know that I was a complete finance nerd and loved writing. Since the age of 12, when I read both Free to Choose by Milton Friedman and The Millionaire Next Door by Thomas J. Stanley, I had a deep-seeded need to understand how money worked. So, a personal finance blog where I could help other families understand their finances seemed a perfect place to pass the time while I figured out what to do next.
Then, blogging became my passion. I loved interacting with readers who were making real money moves. I adored the writing and the community of personal finance bloggers. I found my path.
8 months pregnant with our second son, I signed my resignation papers for my hedge fund job while sitting in a hospital bed. Stress in my pregnancy had led to back issues and some complications (Baby Minnow is just fine!!) and pulled up our decision to make a change in our lives.
We had run the numbers. While leaving would mean giving up the goal of achieving financial independence at 33-years-old, we had built a solid nest egg. Left to experience the power of compound interest, our retirement assets should still make us financially independent at 45. (And I do plan to add to those assets to achieve FI sooner!) Currently, we are using my last ever hedge fund bonus – boy, I’ll miss those – to fund our budget for two years while I work to build an online business.
Where are we now? Well, you can follow my online income experiment with my regular income reports. The boys and I are just getting settled into our rental home in Connecticut, where we will be for the next two to three years as we search for our perfect homestead. You can follow all my family finance, work-from-home, and homesteading adventures on Instagram.
Goals for Mama Fish Saves:
Mission Statement: Mama Fish Saves drives to show families that money is a powerful tool and that they have the power to use it to design the live they dream of.
- Help other families achieve the understanding about money I have spent years developing and get them on the path to financial freedom. I love maintaining budgets, reading about personal investment strategies and products, and helping my friends and loved ones achieve financial success. I want Mama Fish Saves to pass on that knowledge to others, in an easy-to-understand way.
- Empower people to pursue their passions profitability, today. Too many people spend years saying, “someday”. Mama Fish Saves aims to help you seize the power of a side hustle to start making money doing what you love to do now.
- Make efforts to close the knowledge gap between the have and the have-nots. Personal finance in the US is taught at home, not in school, so if your parents didn’t understand finance there were very few ways for you to learn it. The internet has changed that somewhat, but I believe every blogger, journalist, or expert that makes financial knowledge available for free to anyone makes it just a little more likely the message gets to those who need it most.
Top Posts for New Swimmers:
- Roadmap to Financial Health – Step-by-step guide to getting better with money. From setting goals to getting out of debt and saving for retirement.
- An Open Letter to My Son About Money – Written for my oldest son’s first birthday, this shares what I hope to teach him and his brother about money as he grows older.
- 10 Ways to Boost Your Financial Literacy – Start making some money moves!
Discover Where You Stand With Money:
To help you determine where the holes are in your financial boat, and what you can do to move closer to financial freedom, I’ve created the Complete Financial Swim Test. Download your FREE copy here!
And if you’re wondering “why Mama Fish”?
My family’s favorite children’s book is Deborah Diesen’s Pout-Pout Fish. It always makes us all giggle! When my son was a newborn, my husband and I started calling him the Fuss Fuss Fish. This was very ironic since there has never been a less fussy baby. But it stuck nonetheless and we became Mama and Papa Fish! In a blog about family finance, I felt I had to include my fun family nickname.