Financial wellness is given many meanings, but I define it as an active pursuit to healthy living around money. I want to focus on the words active pursuit because wellness doesn’t just happen. You must take action.
When we take action we start to build our own story of how we got on the road to financial wellness. But before you can change your money story I know how important it is to read or listen to the stories of those who’ve turned their financial lives around.
I asked some amazing blogger friends to share their financial wellness stories.
I believe financial storytelling has a place in financial education. It’s through stories that people connect and become compelled to take action. We do not change people’s behaviors through facts, but we can influence them through storytelling.
I am grateful to the 44 personal finance bloggers and podcasters who shared their compelling stories of financial disaster, successes, debt stress and freedom, and retiring early.
It’s through storytelling that people see a glimmer of HOPE. I use HOPE as an acronym for Hearing Other People’s Experiences. It’s by sharing these bloggers experiences that I believe you can find hope to live your dreams.
“Debt terrified me to such an extent that I didn’t even have a credit card until I was 23. Everything related to finance seemed cryptic and complicated to me and I wasn’t sure what to do with money. And so, I saved it. Saving money isn’t the worst default position and I suppose it was smart, to an extent. The problem is that I was saving from a place of fear, not a place of strength.”
Read Liz’s story in how she plans to retire by age 33 with the right mindset and plan to make it happen.
“I know it can be stressful coming back from vacation, but don’t think of your budget as a restriction think about your budget being there to help you reach your financial goals.”
Read Candice’s story from budgeting money for a vacation and coming back home with some unspent cash.
New York City
“If you’re walking around with the burden of consumer debt or massive student loans, financial wellness can seem impossibly far off. Believing that though is failing to see financial wellness as a choice. It pushes financial well being over the threshold of what’s attainable- essentially giving up on the goal before even trying.”
Read Stefanie’s story on how financial wellness is a choice and one you should make.
Blog: Financially Blonde
“I was failing in my own personal finances. For twelve years, I focused more on corporate finance than I did on personal finance, and my family’s balance sheet suffered because of it.”
Read Shannon’s story from financial cluelessness to financially empowered.
“I needed to let the world know that you can do it. You can live in a big city, save money, and not have to sacrifice happiness.”
Read Dave’s origin story as a financial superhero and how he’s winning the war against “Negativitron.”
“I’ve learned a ton about paying off debt, saving for retirement, and living in a way that leaves me enough cash to do both of these. Not only that, I’ve actuallyused that knowledge to pay off debt and save for retirement — to the tune of $133,000 by last count.”
Read Mario’s story on how you don’t need to learn about personal finance at the point of despair.
Blog: Adventures in Frugal
“Sometimes I worry about how much I have saved or am earning compared to my peers, but I remember that as long as I continue to invest in my future, I can enjoy the present — being able to work from anywhere, while doing something I love.”
Read Christina’s story from corporate employee to freelancer after a trip on the other side of the world.
“If you believe success is measured in money, you may be setting yourself up for a big failure! Try to always remember that wealth is about more than just money. It’s about relationships, health, and self-improvement.”
Read Gary’s story from working countless hours in pursuit of financial wealth to discover wealth is more than just money.
“This feeling, the feeling of being on your A game when it comes to finances, is called financial wellness. It’s something each and every person should experience. When you take charge of your life and decide to pursue your passions, you would be surprised at what you can accomplish.”
Read Cat’s story from debt to following her passions and helping other’s find their path.
More inspiring stories of people like yourselves who are on the road to financial wellness.