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Welcome back to the Weekend Wisdom! Isn’t it lovely how fast the work week goes when there are holidays breaking it up? I almost can’t believe it is Friday already and time for another fun weekend with the family. Our long Fourth of July weekend was lovely, with lots and lots of outdoor time, swimming, and family. Fuss Fish learned about a dozen new words, including learning how to “cluck” at some chickens he met. I hope your Fourth was equally as enjoyable!
In honor of Independence Day, this week I wrote about financial freedom on the blog and why it should be the true American dream. For those of us who live in the U.S., we have an incredible ability to make our own way and control our destinies. However, many of us stay content in our habits without making the small changes we need to in order to see great financial success. We choose convenience over personal development, and it sacrifices many of our freedoms. Check out the full post here to determine if you are financially free!
To continue the message of financial freedom, I’ve chosen great posts this week from other personal finance bloggers on living a financially healthy life. If you want to see some great choices you could make to improve your financial position, get out of debt, and grow your wealth, take a few minutes to read the below posts over your morning coffee!
Quote of the Week
Top Personal Finance Blog Posts from the Week
My Journey to Freedom: $12 to $1,800,000 in 32 Years – Over at Budgets Are Sexy, Mr. 1500 is taking over Wednesday posts to give J$ a little break this summer. His first post shares his journey from being $60,000 in debt to achieving early retirement at the age of 43. For anyone who thinks complete financial freedom is a pipe dream, stop by Budgets Are Sexy and read Mr. 1500’s inspiring tale.
Don’t Hire the Handyman – Be the Handyman – Owning a house is expensive, but it becomes even more so if you have to call someone to fix every issue that crops up in your home. The Grounded Engineer shares his experiences tackling some cool projects as a new homeowner he didn’t think he had the skills to conquer.
The Most Important Characteristics of Debt-Free People – In the U.S., being in debt is normal. To get financially free and become debt-free, you have to be willing to be a little different. Perfect Cents Living breaks down what she views as the 9 most important features of debt-free people. My favorite feature? They are patient!
Millionaire Interview #12 – Over at ESI Money, ESI has a regular series interviewing millionaires on their lifestyle, income, and how they became millionaires. Every interview in the series is insightful, but I really enjoyed this week’s interview with a hardworking family that spends responsibly, has invested early and often, and grown their net worth to $2.2M by the age of 49. Interesting fact? Their family has never had cable. I would love to see the data on how many millionaires have cable and/or watch TV…
Get over Yourself, Stop Procrastinating, and Get Things Done – For those of you reading all these posts about the incredible things people do to create their financial freedom and thinking, “I’ll start when I get a raise,” or “I’ll focus on saving after I buy a house,” this post is for you. Stop by LifeZemplified for a little motivation and tips for starting work on your goals today! Remember the tips from ESI’s millionaire, and personal finance bloggers everywhere, the best way to wealth is to start now!
Did any of the top posts peak your interest? Did you read anything else this week you think other families would find interesting? Let me know in the comments!
This post was proofread by Grammarly.
Hi, I’m Chelsea! I’m the founder of Mama Fish Saves and I’m almost embarrassingly passionate about reducing money stress for moms. As an ex-hedge fund investor, I’m an investment pro. I’m also a certified National Financial Education Instructor, mom to two hilarious young boys, and wife to my amazing husband (who’s a stay-at-home dad!). Let’s do great things together!