Few people are willing to sacrifice so that they can be wealthy.
If building wealth was easy or quick, everyone would do it, but instead, most of us walk the journey alone.
Our family and friends don’t really understand us. They don’t get why our eyes light up when talking about business, personal finance, or frugality.
We understand how important it is to have a solid financial foundation to support us, but the road to financial independence can be a lonely one.
So lonely, in fact, that we might get burned out and discouraged from time to time.
Something that inspires me to keep pushing forward when I start feeling burned out is to look to my left and right and see others making the same journey, and making progress. Nothing fires me back up and ignites my passion like seeing someone else succeed at one of my passions.
Today, I want to share 9 up-and-coming finance and investing blogs that inspire me to continue my own journey towards finding wealthy.
The bloggers I look up to
To be included in my list, each of these blogs must have started in 2017, be at least a month old, and have at least one post from this month.
Additionally, I’ve intentionally picked people who are just starting out or recovering from a few setbacks on their journey towards financial independence.
Because I don’t think there’s anything more inspiring than someone starting out or refusing to let a setback keep them down. Life, and wealth, is about focusing on a goal and overcoming obstacles.
Each of these people are focused, and they’re overcoming the obstacles they face.
So, without further ado, let’s get started.
1. Save like your life depends on it with Saving George
Saving George stands for saving George Washingtons, as in dollar bills.
This is a great place to go if you’re looking for someone who is passionate about saving money and living a frugal lifestyle. Jmeeks7 is laser focused on taking financial freedom from life one step at a time, and he will tell you to save, save, save your money like it’s the only thing that matters in life.
He also has a habit of bluntness and doesn’t sugarcoat anything, which is a huge plus in my book. I love how often he blogs about saving money and reducing expenses, and it’s a good reminder to me that me and my wife need to do better with this.
In fact, reading through his blog in preparation to write this post sparked a discussion between my wife and I that helped us to realize we’ve gotten lazy with our savings because we already have a decent size emergency fund. That’s a big no-no, and we’ll be working on improving.
I highly recommend you take a look at Jmeeks7’s post called “Save a Little Now, Have Much More Later” because I think it’s a good reminder that we should be passionate about finding new ways to save money. I also love that he’s still driving a beater car because it saves him money and that he brings it up as an example of practicing what he preaches.
Most of his posts don’t take more than a few minutes to read, but he posts several times a week, and it’s time well spent.
Some Advice From Jmeeks7 of Saving George
What financial advice would you give to your 20-year-old self, if you could?
As far as advice I’d give myself at 20…..I’d DEFINITELY not party as much! I was horrible! I’d go to bars and just literally waste hundreds of dollars each and every week never caring about tomorrow.
I would also start investing in my 20’s! OMG imagine what the compounding would do for me over the decades! I also think I would read more books instead of headbanging all the time. Education is POWER! I would most certainly seek advice from financial experts and learn how to budget. I wasted my youth trying to get women and drinking like a fish. Like the song by Cher says…..If I could turn back time.
Anyway, I’ve learned a ton through my lifetime mistakes and I’m just trying to pass what I’ve learned along to others. Hopefully, with savinggeorge.com I can do that. Thanks so much for your interest. It means alot to me.
2. It only takes A Dime at a Time
A Dime at a Time is written by Lucy, a woman who, in her 50s, has decided to tackle her debt and work towards financial independence with her husband. You can tell that the experiences that led them up to that point have weighed on them, but that they’re determined not to let the past control their financial future.
Lucy is extremely regular when it comes to updating her blog and sharing her thoughts on her journey towards financial freedom, but everything she shares is very readable and relatable.
You can get through her posts quickly, but they also draw you in and make you want to keep reading.
Full disclosure: I let myself get sucked into what she’s written and spent a few hours on her site just reading.
One of the things I like the most about her posts is her sense of humor. She doesn’t take herself too seriously, but at the same time she manages to convey a sense of urgency about getting out of debt. She’s also great at taking the small victories and focuses on every accomplishment, no matter how small.
I think, so far, my favorite post is her June progress report. Why? Because I started reading through her blog from the very beginning, and it’s inspiring to see how far she’s come. Watching her make progress on the things she was struggling with in the beginning of her journey this January is awesome!
3. Live your life with Best Life Katy
Best Life Katy is a fairly new blog, but it’s easily one of my favorites.
Katy is a 24-year-old financial professional who is working to pay off her student loans and take control of her life.
So far, she’s paid off approximately $14,000 in debt, and is working on the remaining $11,000. She’s very transparent about her financial position, and has a great attitude that comes across very easily.
In addition to the debt she’s paid off, Katy is also getting ready to marry her fiancée, and will be working to help pay off his debt – a substantial $54,000 – once her debts are paid off.
One of the things I like about Katy’s blog is her post called “How to Talk to Your Partner About Money” where she offers great advice on how to approach money with your significant other. My wife and I followed a similar strategy when we got married, and it’s made finances much more peaceful.
I also like her blog because Katy is focused on simplifying her life and finding joy in the little things, and you can tell that from the tone of her posts alone.
I find it very inspiring.
Some thoughts from Katy of Best Life Katy
What makes you passionate about your financial journey?
I’m passionate about the end goal – financial freedom. I have plans for my life that don’t mesh with a standard 40-hour work week. And I don’t want to wait until I’m 65 to enjoy my life! In three years, my fiancé and I are planning our first mini-retirement to hike the Appalachian Trail for 5 months. This would be impossible if we weren’t able to pay off our debts and save enough to take sabbaticals in that time frame.
What’s the biggest mistake you’ve made with your money? How did you overcome it?
The only regret that I have is choosing to go to a private college instead of getting in-state tuition at one of the great state schools in my home state. I could have saved so much on loans and still gotten a good education, but I just didn’t have the knowledge about loans and finances to make that choice. I’m still in the process of overcoming it – aka paying off my loans – but I should be rid of that debt in about 18 months!
4. Invest long-term with Buy, Hold Long
Buy, Hold Long is written by Caleb, an Australian investor who is trying to build his passive income while he works as a civil engineer.
Since starting his blog, he’s been able to pay off his car and a personal loan to a family member.
Now, he’s slowly paying off his student loans using the Australian government’s student loan repayment system that gets automatically deducted from his paycheck like our Social Security and FICA taxes are. I agree with him that this is a better system than we have in the US, and you can read about that system in his net worth update from the end of 2016.
I have to admit, I have a little bit of a soft spot for Caleb because his net worth and forward dividend income was almost identical to our when I started following him. I like to think of him as my Australian parallel.
Sadly, he’s starting to pull ahead as a result of being able to contribute more to his portfolio working full-time than we can while we’re in school. Either way, his blog is definitely worth reading through. I think he does a great job of combining technical analysis with a readable experience.
5. Manage your money with The Dinero Pro
This guy rocks.
The Dinero Pro is written by Javi (Javier), who is a history teacher. He and his wife paid off $34,259.37 in debt and are now working on boosting up their emergency fund and building wealth.
Additionally, Javi is working towards obtaining his American citizenship, and I’m excited for when he reaches that life-changing milestone. He’s had a couple setbacks along the road, but he hasn’t given up.
One of the things that make reading Javi’s blog so fun is that he shares genuinely useful and thought-provoking advice. Want an example? Check out his post about different kinds of insurance and why you should have them.
I also like his discussion about multi-level marketing companies. In fact, I made a rather lengthy comment on that article that you can read if you feel so inclined. Hint: I don’t like MLMs.
Another thing that I really like about the Dinero Pro is that I feel like you can get a sense of the kind of person Javi is just by reading his posts. He comes across as someone who is an extremely hard worker, optimistic about life, and ready to do what it takes to succeed.
He conveys a sense that if he works hard enough and is ready to learn, he can overcome any obstacle. I think we can all learn from that.
Javi’s thoughts on finances and money mistakes
What makes you passionate about your financial journey?
I grew up poor in a small Mexican town. My parents struggled to make ends meet. It’s not because they didn’t try. Simply, no one ever taught them about managing money. Therefore, I want to make sure people don’t get taken advantage of. To educate them and help them take control of their own money.
What’s the biggest mistake you think people make with their money?
I think people believe wealth has or can be generated easily and quickly. Even I fall into that trap. Nothing can be further from the truth. Also that you can borrow your way into wealth. The reality is that in order to build a lasting legacy, we must work hard, invest consistently, and stop trying to wear a hat that’s bigger than the cattle.
6. It’s just money with Just Another Dollar
Just Another Dollar is written by Ryan and Alyssa, a couple that found themselves with $101,000 in debt at the start of 2016. During the year they moved from Minnesota to Colorado, forcing Alyssa to take a lower-paying job and increasing their debt. By the end of 2016, they had $107,000 in debt and finally decided to do something about it.
One of the great things about Just Another Dollar is that you get a two for one deal with every post. Some of them are written by Ryan, and some of them are written by Alyssa. That means you can hear about their journey towards financial freedom from two separate perspectives.
I like that because you get to hear about their individual struggles and the way they come together to help and support each other where they’re weak. Alyssa is quick to admit that she’s had to make uncomfortable changes in the way she gives gifts, approaches eating, and looks at diet and exercise. Ryan, on the other hand, admits that for a CPA, he’s terrible with money.
Aside from the different perspectives that Ryan and Alyssa bring to their financial journey, I also like that Just Another Dollar features monthly and quarterly reports on how they’re doing paying down their debt. Currently, they’ve paid off about 27,000 in debt. Talk about awesome!
For a recommended post, I suggest you check out “Car Buying: 7 tips to survive the used car salesman.”
What makes Ryan passionate about wealth
What’s do you think is the most exciting thing you’re doing to improve your financial situation? What makes you passionate about money and wealth?
Over the last six months, Alyssa and I have truly become a team working toward a common goal. Seeing the massive amounts of debt we are paying off each month is very exciting for us. It’s amazing how motivating it can be to think about the future we’re creating together. My passion for money and wealth comes from wanting to spread the knowledge to as many people as possible. A financial education is one of the most powerful tools one can have, and when used correctly it can change the lives of generations to come!
7. Fix your financial life with Mending Pockets
Mending Pockets is written by Trisha, a traveling instructor who works in the cruise line industry and teaches people about technology and photography. She’s working on paying off over $120,000 in debt (not including interest) and started Mending Pockets to share her what she’s done to be successful.
Trisha says that she accumulated her debt one dollar at a time, but that spending well above her means and making foolish decisions while she was going to college was a big contributor. After college, she had several setbacks due to medical expenses and eventually found herself in a total mess.
The squirrels chewing through her car’s wiring didn’t help either.
Her journey started when she realized that if she didn’t start making serious changes she would be paying off her debt until she was into her 50’s. She got a little mad and a lot focused on making sacrifices and changing the way she looked at and approached money. By the time she started Mending Pockets she had already paid off $98,700.23 on a single income.
Her primary motivation is to make sure that her readers learn from her mistakes and don’t end up finding themselves in the same financial hole that she was in.
One of the things I like about Trisha’s posts is that they’re always very engaged and focused. You almost get the sense that Trisha is a mountain of a person who faces her problems with a calm determination to see herself through them.
Another feature of Mending Pockets is the Success Stories that Trisha shares, where she chronicles the stories of women who have either paid off large amounts of debt or found success as entrepreneurs. In addition to reading those stories, I also highly recommend Trisha’s post “10 Reasons Why You Need a Budget to Achieve Financial Freedom.”
8. Move mountains with Small stones
Small Stones is written by Mrs. Small which is an alias. Mrs. Small, her husband, and their son live in the UK and are focused on paying off their debt and achieving financial freedom through a set of clearly defined goals.
They hope to save an emergency fund, pay off their unsecured debt, pay off their mortgage, and become financially independent by 2029. Considering that they have over £285,000 in debt, that’s no small task.
A woman of many strengths, Mrs. Small and her husband are paying off their debt and she is working full time while completing her MBA. Interestingly, she has a great post talking about “Why am I doing an MBA?” where she talks about why she has continued to pursue her degree. She also talks about when she thinks an MBA makes sense and when it doesn’t. As someone who has thought about getting an MBA, I especially appreciated her post as a frank discussion about the benefits and downsides of it.
Mrs. Small has also struggled with infertility and has undergone several rounds of IVF while trying to become pregnant with their second child.
After their last attempt, Mrs. Small suffered a miscarriage six weeks into the pregnancy, which led to her reflecting on her motivation for wanting another child. She has a great post about that titled “On the cost of conceiving a family.” I think it’s worth a few minutes of your time.
9. Get back to Common Sense on Finance
Common Sense on Finance is written by Patrick, a New England blogger who has decided at 22 that he wants to emulate some of the personal finance bloggers he looks up to by sharing his own journey. He’s currently working part time and in school, and he plans to graduate in December of this year.
One of the things I like about Common Sense on Finance is that Patrick spends time to go over some of the principles of personal finance that I’ve learned in the past but haven’t review for a while. A good example of that is when he reviews the Rule of 72 for calculating how long it will take you to double your money.
Additionally, he takes time to investigate and calculate his own numbers when it comes to things like retirement. One of my favorite posts he’s written is called “The importance of finding an accurate return,” where he talks about why you shouldn’t inflate your numbers when you’re calculating how much money you’ll need in retirement.
Patrick also shared his net worth for the first time in a recent post, and I was very impressed. I wish that I was doing as well as he is when I was his age. It was definitely a big inspiration to me to take a good look at my own investments and decide where I can improve.
Lessons learned from Patrick of Common Sense on Finance
What makes you passionate about your financial journey?
I am excited about my financial journey because I am starting out so early, so I know that my greatest asset right now is time! I started a money blog this year because I thought that I could help other people start their own financial journey.What’s the biggest mistake you’ve made with your money? How did you overcome it?
I have been very fortunate to have grown up in a household where financial responsibility was a priority, but one regret is how I invested my money when I was starting out. I thought I could pick the next hot stock and be a famous investor.
Through trial and error, I learned that I was not smarter than the rest of the stock market. In 2015 I decided to start taking a more passive approach and I have been more successful with that approach. During my first few years, I lost out on some stock market gains because I was invested in the wrong places. I found out that I am better at saving than I am at invested, so I focused more attention on saving; I am very happy to have made this change!
Thanks for reading about some of my favorite up and coming blogs. Who have you recently discovered that you love to follow?