I don’t know about you, but sometimes the debt repayment journey can feel like a never-ending mantra of “No, I can’t do that” or “No, I don’t need to buy that.” J and I have similar attitudes toward money, and are very open about our finances. But I can still fall into the trap of seeing what other people are doing and getting a little jealous. Heck, I’m still jealous that all of J’s student loans are paid off, although it’s a motivating kind of jealous and not a, “That’s not fair” feeling.
When I start to feel alone on this train headed toward financial freedom, I try to surround myself even more with encouraging resources and good examples of how I’m not alone and it will all pay off. I’ve told you about some of my favorite podcasts to listen to while driving, running or cleaning my house. I also follow multiple finance-related blogs. Some of these blogs are about debt repayment. Some are about investing and increasing your net worth. All are motivational in taking your finances and making them work for you, one day at a time. Future-you will thank you for checking these out.
Michelle has inspired me for years now. I’ve been following her blog since she had $40,000 in student loan debt and was making an extra $1,300 a month in side income from her blog. Now, she’s 100% student loan free and has earned around $100,000 a month, every month for the last year, working full-time on her blog. Michelle’s posts aren’t limited to her incredibly popular income reports. She also shares stories about how she and her husband live in an RV and travel full time, work-life balance, how to make additional income on the side, and encouraging financial freedom stories of others.
J. Money is not only hilariously informative, he’s also super engaged in his blog. He updates his net worth every month, down to the penny. Even though they bought a Lexus last year, he and his family still have a very positive net worth thanks to great spending and investing habits. These posts encourage me to see what a HUGE difference it will make when I pay off my student loans and compounding interest starts to work FOR me instead of against me.
I only recently found The Budget Girl. She’s doing a no-spend challenge this month. I’m not following it to the letter of the law like I’ve done in the past, but it’s still so helpful to remember to be highly mindful of my spending. I’ve already saved a ton of money! Ashley shares posts about how to save money, how to plan for big life events, and stories of others who have paid off a ton of debt. It’s been a great blog to follow along with because Ashley is super relatable. Her blog and Facebook group feel like reading a friend’s posts, and not an unattainable guru’s posts!
Lance at the Money Manifesto has such a large archive of posts that I’m sure you’ll learn something new when you head over there and start reading. Posts range from saving money, paying off debt and even spending in ways that will support you along your journey, like taking vacations. I get his posts in my inbox as well, and occasionally reply back with my “comments.” He always responds! Plus, with his emails he also includes external posts you may enjoy by other bloggers. It’s an awesome way to be encouraged, motivated and learn more about money.
If you’d like to find more blogs on personal finance, check out the AMAZING directory on Rockstar Finance. You can sort by category, net worth and more, so that you find the blogs that are right up your alley.
Do you have any favorite personal finance blogs? Do you have a personal finance blog that you think WMSB readers would like? How do you stay motivated on your financial journey? Leave it in the comments!