What People Learn About Money By Blogging About Money – MONEYPLAN SOS EPISODE 200

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Financial education is not represented in our school systems, at least not on a national basis. However, learning how money really works should not be left to an untrained adult.

Parents can try to educate their children, and many do, but the economics of money, and how we use money, has changed.

Here is an example: When my wife and I were married in 2000, we wrote paper checks for a lot of our bills. We also used credit cards because debit cards were just starting to become popular as a payment option, not just a way to get cash from a local ATM.

Here are some things that have been created in the past 10-15 years: Online Money Market accounts, budgeting apps, having access to our bank account via smartphones, BitCoin and even giving a tithe via a text message!

I know, right?

The problem with our country's financial illiteracy isn't due to a lack of resources – just look at all the financial bloggers who attended the recent Financial Blogger Conference in Charlotte. The problem is we don't seek the education ourselves until the problem has become big enough that we HAVE to learn.

I began blogging in 2007 at the same time I began coaching individuals on their budget and financial goals. I've learned a LOT – and I expect you would too.

And since you are reading this, you fall into one of two categories:

A) You want to learn how money really works
B) You HAVE to learn how money really works

Either way, I've got you covered:

I coach couples via phone or Skype to improve their spending, saving, and giving. You've already come here to learn so take the next step…

Take 2 minutes to fill out a Financial Overview and then schedule an appointment to work with me.

Stop now and go to http://SteveStewart.me/financial-overview

It only takes a few minutes to begin your journey to Financial Wellness!


Are you ready for the 200th episode of the MoneyPlan SOS podcast? Here we go…

Live from FinCon15, I interview nine financial bloggers. They answer the question, “Have you learned anything about money since blogging about money?

MPSOS200 at FinCon15 tt

 

Below is the blogger's name, Twitter handle, what they learned and how you can find their blog, book, or financial resource.


 

Eric Rosenberg profile pic Rosenberg @ericprofits

“The biggest light bulb moment was when I began thinking about personal finance like dieting.

You can exercise all day long but you won’t lose any weight if you eat and eat and eat.

Budgeting is very important but focus on your income”

You can find more of Eric's blogging at PersonalProfitability.com

 


 

Emily Guy Birken profile picEmily Guy Birken @EmilyGuyBirken

Emily's father was a Financial Planner. She knew quite a bit about money and writes for a few blogs.

Emily said the biggest lesson she learned about money while blogging about money was, “I already knew about personal finance but didn’t see the importance about prioritizing my own retirement savings over other things”.

Find out more about Emily’s blogging at EmilyGuyBirken.com

You can find her books on Amazon.com:

Choose Your Retirement

and 5 Years Before You Retire

 


 

Katie Austin (AfterHours) profile picKatie Austin @Activehours

Katie has been blogging for about 3 months. Her boyfriend challenged her to track every single dollar she spent.

Katie begrudgingly accepted the challenge (for love) and learned how apps can make it easier to deal with her finances.

Katie writes for ActiveHoursBlog.tumblr.com

 


 

Todd Tresidder profile picTodd Tresidder @Financialmentor

“With every post that I write, I learn. I do research and go very deep into each post, refining my knowledge. But I have learned that the big principles are actually quite simple – it’s just that the devil is in the details.”

Todd's blog can be found at FinancialMentor.com

His book, “How Much Money Do I Need To Retire?” is available on Amazon.com

Todd's offer: New subscribers can download his free book “18 Essential Lessons from a Self-made Millionaire” and take a free course.


 

Stefanie OConnell profile picStefanie O’Connell @brokeandbeau

Admittedly, Stefanie is an unlikely candidate to be a financial expert. She has been working in professional musical theater with a degree in drama. She started blogging as she was learning how to budget her irregular income using spreadsheets.

Her biggest money lesson was coming to an understanding that she was in charge of what she earned. That is when she began to live on this month’s income next month (kind of like YNAB, hammy). She is now living the Broke and Beautiful Life.

You can find Stefanie's Broke and Beautiful blog at http://thebrokeandbeautifullife.com or her book, The Broke and Beautiful Life on Amazon.com

 


 

Athena Lent profile picAthena Lent @AccordingAthena

Athena is a Senior at Arizona State University and started blogging about getting her financial act together. She had no idea how to manage money and began to write about her experiences with money in 2008.

Athena was orphaned at age 15 and had to work herself through school by herself. However, she came to the realization that she too could become successful.

You can read more Athena at http://MoneySmartLatina.com

 


 

Miranda Marquit profile picMiranda Marquit @mmarquit

Miranda has been blogging about money for about 100 internet years (i.e.: Since 2006). She started writing science articles in 2005, then wrote the Confessions of a Professional Blogger book to share her online freelancing journey.

Her biggest money lessons, since starting to blog, were learning about how to earn more money.

You can find more blogging from Miranda at http://plantingmoneyseeds.com

Check out her book: Confessions of a Professional Blogger, available at Amazon

 


 

JD Roth profile picJD Roth @JDRoth

JD started GetRichSlowly.com in 2006. After running it for three years, he sold it and continued to run it for another three years. He started blogging to chronicle his experience getting out of debt and managing money.

The biggest lesson he learned was to “save as much money as you can”.

Admittedly, this is a very basic principle of personal finance, but JD realized he could reach bigger goals by saving half of his income, not just the general advice of 10-15% of income.

You can find JD at his new blog http://MoneyBoss.com

 


 

Eva Baker Teens Got CentsEva Baker TeensGotCents

Eva started blogging at age 16. Her biggest lesson she learned is money was not as scary as it seemed. Eva speaks to other teens about money in hopes that they will learn about money before going to college. It empowers them to be purposeful with the cash they receive from chores, gifts, and work.

Eva maintained a cash envelope system since she was 5, so Eva knows how to budget her money as a young adult.

Read more Eva Baker blogs at TeensGotCents.com
Download her free ebook: 7 Days To Centsible Savings (for teens)

 


MONEYPLAN SOS PODCAST IS RETIRED

This was the final episode of the MoneyPlan SOS podcast.

My new show, “No Debt, No Credit, No Problems” is available.

I think you are going to LOVE it.

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Chris Brown from True Stewardship - Is Giving a Tithe Mandatory? - MPSOS199
You Can Have No Debt, No Credit and NO PROBLEMS - I'm living proof!

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