Happy Friday, everyone! It’s been a busy and exciting week as we just held the 2nd Annual Financial Literacy Awareness Carnival on Wednesday. This year, I gathered a group of bloggers to share their Money A-Ha’s with you. A special thank you to all the participants for sharing your knowledge and your support for financial literacy.
What Your Money A-Ha’s Taught Me
There were so many great stories and lessons in this year’s carnival that I wanted to highlight a few common themes I noticed.
Money/Investing Does Not Need to Be Complicated, Hard or Boring
There is a popular misconception that in order for investing to be effective, it must be complicated or hard. These posts will help change your mind:
- Stacking Benjamins: My Biggest Money “A-Ha”: Discovering the #1 Key to Saving Big Money
- Color Me Frugal: Compound Interest: Einstein’s Friend (And YOURS!)
- Impersonal Finance: My First Money A-Ha
- Canadian Budget Binder: The Money Box Inspired My Passion For Finance
Side and/or Passive Income Rules
If you want to get ahead as quickly as possible, you may want to consider a side hustle or setting up multiple streams of income from investing, rental properties, online work, etc. Your creativity is unlimited and priceless. Learn more from:
- Modest Money: Realizing the Importance of Side Income
- Young Adult Money: When I Realized Ownership and Passive Income are Key to Wealth
Getting Out of Debt Isn’t Easy but It’s Not Impossible
It’s unfortunately a lot easier to get into debt, than it is to get out of it. But it is also not impossible. These bloggers have done it and now enjoy a debt-free life.
- Debt Roundup: My Biggest A-ha! Moment
- Eyes on the Dollar: My Financial A-ha Moment
- Frugal Rules: Where It All Began
- One Income Life: Becoming Debt-Free
- See Debt Run: Our A-ha Moment
Taking Control of Your Finances Puts You on the Path to Financial Freedom
Sometimes our control over our finances is a bit of an illusion. Whether it is fear, debt, our emotions or us playing “keep up”, we are not always the one in control. These bloggers figured out what they needed to do to put themselves back in the driver’s seat.
- Are Ya Gonna Eat That: My Biggest A-ha Moment
- Budget and The Beach: Progress, Not Perfection
- Cash Cow Couple: The Importance of Sacrifice
- Disease Called Debt: My Epic A-ha Moment About Money
- Eat Laugh Purr: Shine a Light On Your Money Fears
- Girl Meets Debt: My Debt A-ha Moment
- Financially Blonde: Salary Hostage
- Luke 1428: How Shopping for Shoes Changed My Financial Life
- The Frugal Farmer: A-Ha Money Moment
- The Random Path: Nobody Puts Baby in a Corner
- Thrifty Dad: When I Realized that My Financial Future Was in My Hands
Stuff Doesn’t Create Happiness—You Do
We fill our lives with stuff because we believe it will make us happy, even though that is not always the case. These bloggers took a hard look at their lives and figured out what truly made them happy … and it’s not random stuff.
- Budgeting for More: Money, Stuff and The Art of Being Happy
- Cents and Sensibility: My Biggest A-ha Moment: Live a Good Life
Communicate. Communicate. Communicate.
Open communication is an absolute must between partners. Without it, even strong marriages can needlessly suffer.
- Enemy of Debt: Communication and Teamwork Are Vital to Success
Financial Literacy Changed My Life
Financial literacy doesn’t just happen. You have to educate yourself and sometimes ask for help too. These bloggers rose to the challenge and became financially literate, so they could better their financial lives.
- Adventures in Frugal: Financial Literacy Taught Me the True Meaning of Freedom
- Breadwinning Mama: Baby Smiles and My Financial A-ha Moment
- Broke Millennial: I Didn’t Have a Savings Account
- DebtBlag: Financial Literacy Gave Me Hope
- Femme Frugality: Growing Slowly
- Living Rich Cheaply: My Journey to Financial Literacy
- Money Rebound: Why Give the Gift of Financial Literacy?
- Monster Piggy Bank: Changing Your Views on Money and Becoming Financially Literate
- Reach Financial Independence: The Importance of Student Financial Literacy
- Square Pennies: Is Grit The Most Important Thing for Success
- The Broke and Beautiful Life: Formative Money Moments
Financial Literacy Matters to All of Us
Financial literacy may not be a mainstream topic … yet. But I believe that will change in the near future. Everyone wants to create a good life for themselves and their family, which means they need to make smart money decisions. And that, my friends, is the very definition of financial literacy. Becoming financially literate will change how you live your life. I appreciate you helping spread the word of its importance.
Photo courtesy of www.FreeDigitalPhotos.net.
The Heavy Purse Store is now open! My new downloadable Money Club Workbooks are now on sale. Each workbook provides five targeted lessons to help you raise Financially Confident Kids. Please check them out in The Heavy Purse Store.