Weekly Roundup – Momentum’s Finest On Saturdays VOL 14 [MAY 19]
Happy Saturday Momentum Makers! And a happy Victoria Day long weekend to my fellow Canadians.
Well Volume 14 of Momentum’s Finest is here and it has been another great week of engaging blogging and podcasting content.
MY POSTS THIS WEEK
- Personal Finance Resources And Content That Saved My Financial Life: When you’re first starting your financial journey there are specific resources and tools that can help you best take control of your money and life. This collection of tools and content did that for me when I was in financial trouble and needing to make changes.
- Momentum Series Blogger Interview: Our Financial Path – The Road To Freedom: This Momentum Series Interview is with the bloggers at Our Financial Path. This Canadian couple are on the track to reach financial freedom and are here to share their story with us. I enjoyed this one!
PERSONAL FINANCE BLOG POSTS
What New Graduates Should Know About Money from Keep Thrifty
If there is a post I wish I would’ve read during my final semester at university, it’s this one. I was ready to jump into full-time work after spending 6 years in university…and I didn’t really know anything about being an adult or managing my money. This great post for new grads about money by Chris at Keep Thrifty is broken down into 3 sections: employment/income, savings/investments and budgeting/spending. It features advice from other members of personal finance community and is loaded with resources to help the next generation master their financial journey.
50 Reasons to Pursue Financial Independence from Femme Cents
This was a fun one! Femme Cents pulled together this list post highlighting 50 benefits of pursuing financial independence. If you were planning to explain the FI/RE movement to a loved one, friend or co-worker being able to supplement that quantitative conversation about the overall financials with a more qualitative resource like this would be a nice 1-2 punch! From freedom to the health or wellness benefits (and 47 more), it’s a good reminder of all that could be available if you attain that FI goal.
Imposter Syndrome: Stop Comparing And Start Living from Smile & Conquer
As Sarah from Smile & Conquer notes in the header of the article: it’s okay, your highest earning years are still to come. As you start your financial journey you can be overwhelmed with the feeling of wanting quicker success, immediate results and that motivation to be better can be your biggest enemy. You need to just take a breathe and slow down. Wealth building takes time and you’re setting up the foundation for success as the compounding effect of good money management starts to accrue. Use others around you as a source of inspiration and best practices guidance, not a comparison tool for guilt or self pity!
The Solitary Path of Financial Independence from DiverseFI
This post from Doc G on DiverseFI is a great read and I’m sure many of those pursuing FI can agree with the sentiment. The path of financial independence can be a cumbersome one as the overall mindset and lifestyle in mainstream society doesn’t align with this strategy. The topic of money is still taboo in many circles and you need to tread lightly when discussing your money mindset with others. You can drive friends away and cause rifts with loved ones if this pursuit becomes a periaha to those around you.
10 Steps To Mastering Your Money from Money Sense
This 2017 article from Bryan at Money Sense is one of those quick-hitting list posts that carries a bevy of value and supplementing resources. It’s another piece of content I wish i could’ve read when I was 20-22 to help shift my thought process around money. A perfect article for someone at the start of their financial journey to start to build that collection of knowledge around the different pillars of personal finance. Budgeting, saving, investing, real estate and more, it’s takes into account all facets of PF.
SIDE HUSTLE BLOG POSTS
Residual Income: 12 Simple Ways to Start Building It in Minutes from Club Thrifty
Ah, the holy grail of residual income (or passive income). The long-term wealth building tactic that can build momentum into a recurring financial freedom lever. Greg from Club Thrifty outlines 12 different strategies to do so with supporting resources and details on the barriers to entry, potential gains and options to pursue. The first 5 focus on real estate and investing while the final 7 are more so focusing on leveraging skills or products in the digital world. Not every option will align with each individual’s wants, needs or abilities but an article like this can help spark the idea in someone’s mind and put them on a life-changing path.
How a Side Hustle Business Can Get You to Financial Independence in 10 Years from Rockstar Finance
This post by ESI Money (published on Rockstar Finance) focuses on the net positive having a side hustle business can compound to. For someone looking to expedite reaching their financial goals, that extra income is a godsend. When you run the numbers and do the math your motivation is sure to kick your butt into gear. The biggest question for me is how do we scale our $5,000 a year side hustle work into something bigger and truly sustainable? How does that $5,000 turn to $10K, then $20K and finally to something you can live off forever.
BUSINESS & BLOGGING BLOG POSTS
Christopher Guest Post: Our Next Life from Our Next Life on Physician On Fire
Who better for a Christopher Guest Post on Physician On Fire than Tanya from Our Next Life! It’s a great Q&A that gets into Tanya’s backstory, financial journey, money mindset and much more. There are quite a few questions on her amazing blog so I’ve put this post within this category of the Roundup. Technically it could be a financial post, lifestyle post…generall all-around great discussion post between two awesome bloggers? I like that category. If you haven’t read the Q&A yet, be sure to! Lots of great advice, stories and the usual fun that a PoF Christopher Guest post delivers.
FREE Pinterest Strategies That Can Drive Up To +1,000 Page Views/Day from Defined Sight
Pinterest! Yes, Pinterest. Mrs. DS from Defined Sight pulled together a really helpful post outlining her experiences and opinions on what has been driving success for their blog with Pinterest. I found this super helpful as Pinterest is an area I am still trying to learn and get a better handle on. If you’re a blogger and you too want to grow your Pinning knowledge, check this out. Data, analysis, recommendations and first-hand experience to help the rest of us, thanks Mrs. DS!
LIFESTYLE, PRODUCTIVITY & WELLNESS BLOG POSTS
What Can You Learn Today Which Will Bring 80% of Your Results? from The Mastermind Within
The Pareto Principle! Nice, you’ve got my attention Erik. This month on The Mastermind Within, Erik is focusing his posts around the theme of learning. This one dives into the 80/20 Pareto Principle and its role in selection. You need to select the best course of action and learn to master that skill in order to deliver the greatest results. It’s unique to every individual and our learning styles might differ but starting to recognize the 80/20 rule in your own life can help spike your productivity for any task.
Tricks To Get More Done In Less Time from Making Sense of Cents
Speaking of productivity, this post from Michelle at Making Sense of Cents is centred around that: productivity and time management. Michelle shares 15 tricks that can help you better accomplish what you need to get done in the limited time you have available. From lists and notifications to outsourcing and saying “no”, it’s a practical post in an area I am constantly trying to get better on.
10 Rich Habits That Shape Successful People from Inspire Your Success
One of the best things about being subscribed to the Rockstar Finance Daily Newsletter is the you get to reap the rewards of the countless effort the team puts in to find great articles to share with it’s subscribers. This post from Inspire Your Success showcases some of the lessons learned after Michael read the book Rich Habits: The Success Habits of Wealthy Individuals. 10 great insights about how successful, wealthy people structure their days and lives to further their personal development and finances.
TRAVEL BLOG POSTS
Nine Tax Friendly Countries We Have Explored from Go Curry Cracker!
If there is a go to source for early retirement, travel and tax optimization it’s Go Curry Cracker! Jeremy and his family have been trotting the globe and exploring all it has to offer while always being mindful of their spending for years. In this post he provides insight on 9 countries that offer tax-minimization opportunities should you look to become a resident in your digital nomad, early retiree or ex-pat days.
PERSONAL FINANCE PODCAST EPISODES
The Simple Path to Wealth—Index Funds Explained from BiggerPockets Money
When you wake up on Monday morning and see that JL Collins is the guest on the BiggerPockets Money Podcast…you know it’s going to be a good day. The author of one of my all-time favourite books (Simple Path To Wealth) and blog series (Stock Series) joined Scott and Mindy to chat about all things investing, index funds and wealth building. What an episode! Head over to the site or open your phone and just hit play. Enjoy!
From $2.26 to Millionaire in 5 Years from Good Financial Cents (Jeff Rose YouTube)
This isn’t a traditional podcast (sorry). However, it’s an awesome video from Jeff Rose of Good Financial Cents with Grant from Millennial Money. What a money blogging duo! This video focuses on Grant’s backstory from being broke to a millennial millionaire in 5 years. From the hustle to the blog and everything in between, Grant is super inspirational every time I get to see or listen to him share his financial journey.
How Much Money Do You Need to Earn To Live the Good Life? from Radical Personal Finance
This was an interesting episode from Joshua on the Radical Personal Finance podcast! He runs through various levels of income based on the 2016 USA Census data. Within those income levels he builds out a corresponding budget from traditional spending categories (including tithing) and then highlights what your goal for growth should be to reach the next stage. From living on minimum wage to earning at the top 4% in America, these are off course base-level, broad assumptions but it got me thinking about my own situation.
Striving For Happiness After Early Retirement from The Financial Independence Podcast
The Mad Fientest is joined on the podcast by a personal friend of his that has also achieved early retirement; Maria Taner. It’s a wide-ranging conversation about life, adventure, money, work and a bunch more. They’re two people in a position I am not at in my own life but it’s great to hear the mindset of those of differing situations. Especially those in a position you aspire to reach! Freedom.
BUSINESS & BLOGGING PODCAST EPISODES
How Do I Double The Revenue On My Blogs? from Ask Pat
Hoping on the phone with Pat Flynn for a Ask Pat coaching session is fellow Canadian and great blogger Tom Drake of Maple Money and Retire Happy. If you’ve followed the PF scene and/or are Canadian, you’ve likely interacted with Tom or visited his sites. On this call Tom is working through a coaching conversation with Pat about strategies and tactics to grow the revenue on his blogs. It’s a great blogging conversation between two very successful entrepreneurs that covers a variety of growth, engagement and monetization topics
Explode into a Successful Blogger by Focusing on Your Mission from The Media & Money Podcast
Well Grant from Millennial Money is back again! This time he’s a guest on The Media & Money Podcast as PT Money gets to chat with him about about his blog. Grant credits much of his blogging success to maintaining a consistent focus and passion for his content’s mission: financial independence. PT and Grant also touch on SEO, posting frequency and pushing for continued growth.
Sony vs. Nintendo from Business Wars by Wondery
One of the podcasts I’ve really been enjoying this year is the Business Wars show by Wondery. It’s a high-quality, produced show that plays more like an multi-part audiobook as it profiles the history of competition between two industry stalwarts of a specific product or service category. They’ve done Nike vs. Adidas, Netflix vs. Blockbuster, Marvel vs. DC and more. The latest season (series) focuses on Sony vs. Nintendo and the backstory between the two electronic and video game gurus. It’s only two episodes in and it’s still setting the foundation but it’s going to be a good one!
TRAVEL PODCAST EPISODES
Lessons Learned Traveling The World from Tim Ferriss
Our old friend Tim Ferriss pops up again here on the Weekly Roundup. In this recent podcast episode he chats short-form conversations with 4 of his friends (an author, investor, TV host and entrepreneur) about travelling the world and the benefits or lessons it’s given them. In usual Tim fashion, it’s wide-ranging, mind opening and an enjoyable listen.
- The great Physician On Fire featured my Walking To Work For 4 Years post in his Sunday Best on May 13th. I’m not a doctor but I am a big fan of PoF’s blog and podcast appearance he has made. Thank you PoF!
- Zach at Four Pillar Freedom also featured my Walking To Work For 4 Years post in his Wednesday Reads on May 16th. Zach runs a great blog (tons of amazing graphics and visuals), so big thanks to him for incluing me!
- Enoch at Savvy New Canadians included my Personal Finance Resources and Content That Saved My Financial Life post in his Personal Finance Readings This Week on May 18th. Enoch is another great blogger than turns out high-quality PF content.
RESOURCES & RECOMMENDATION PAGES [PLUS DOWNLOADABLE]
I published pages outlining the resources that have been most influential in my financial and personal journey over recent years.
I also packaged up what I am calling the Personal Finance Resource Starter Kit into a free downloadable PDF. The Kit includes:
- 15 Book Recommendations
- 15 Podcasts To Add To Your Playlist
- 15 Cornerstone Pieces of Financial Content
- 35 Blogs That Are Must Read Publishers
- 29 Personal Finance & Money Saving Apps or Services
You can download the Resource Kit on the landing page through the image below.
THAT’S A WRAP…
Have an awesome weekend! And don’t forget to ENTER THE MAY GIVEAWAY.