Meet the frugal and fabulous Bettie – just another quarterlette out there enjoying her life and trying to make responsible financial choices in the process. Her mission is to help other women wise up when it comes to their finances, and we’re thrilled to have her guest posting here. Join Bettie’s frugal and fabulous journey at her blog, XOBettie.
I like my hair beehived (à la Jackie) and my musicians long gone (j’adore Buddy Holly). But, my fabulous & frugal journey has taught me that new is not necessarily a negative. Time is money. And with my go-go-go life, only up-to-the-minute budgets and automatic biweekly investments will do. Below are my top tools and resources.
Mint is my constant companion. It fills my every financial-tracking need. Mint reminds me when bills are due. Mint discretely messages me when my account balances are low. And Mint keeps my spending in check with a beautiful budgeting feature. I’ll spare you our sappy story, but see Mint’s magical website for yourself here!
Automatic investing. Automatic–I like! Investing–only intimidating at first, I promise!
The magical math of compound interest motivated me to invest. Just like how a snowball rolling down a hill gathers snow, my money can grow exponentially when earning interest. Shopping is my cardio (à la Carrie Bradshaw), so I wanted my money to be invested even before it had a chance to be spent on shoes.
Now, a portion of my paycheck is automatically invested in a mutual fund. Honestly, it was a bit of work to set up. I had a few hermit weekends spent researching which mutual fund was best for me, my timeline and my objectives. My friends laughed at me for staying in Saturday night, but now I’m the one laughing…to the bank!
Bonne chance with your fabulous & frugal journey to become financially literate! I know, it’s a semi-ginormous project. That, on top of navigating my quarter life, is not easy! But, I realized I could not afford to be a dumb money bunny any longer.
To get you started, you’re invited to join me for Sunday Brunch with Bettie (a.k.a. my weekly newsletter). Every Sunday morning I’ll recap the latest and greatest moments of my fabulous & frugal journey and answer my brunch buddies’ questions.
Hope you join me on my journey!