It’s been almost 2 months since I launched The Bearded Money Guy, and today I decided to take a moment to reflect on some things I’ve learned, as well as some of the personal finance bloggers that I’m starting to look up to and follow in the financial blogging space.
First, I am amazed (in a pleasant way) at how generous, helpful, and kind many of the other personal finance bloggers are. This is truly a warm and helpful community. I wasn’t sure what to expect when I started, and this has been a remarkable surprise.
Second, I’ve learned a lot about myself and what my family can accomplish financially in the past several months. Since I’ve started this blog, my Wife and I have started monitoring our spending, have started the process of refinancing our house (to pay off our mortgage faster), cut our grocery budget, and even started selling things on Craigslist to put towards our debt pay-down plan.
And even though our progress is slow, these small little changes now will lead to much bigger rewards later.
But let’s get back to the personal finance bloggers I’ve started to follow, and who have been instrumental in shaping my vision of what is possible for this blog and where I want to be in the coming years.
10 Personal Finance Bloggers That I Follow and Look Up To
I follow a good number of finance blogs through Feedly. Feedly allows you to categorize your feeds, and I have two personal finance categories. They are “personal finance blogs” and “personal finance – top 10”. The folks I’m going to focus on today are in the “top 10” category.
1. Budgets are Sexy & Rockstar Finance
Budgets are Sexy and Rockstar Finance by J. Money. J. Money is a Dad and all around good dude. He started Budgets are Sexy back in 2008 to share his personal journey with personal finance, including the ups and downs. He eats, sleeps and breathes in the world of personal finance and blogging. A few years later J. Money started Rockstar Finance to share all the awesome articles that are on the web about personal finance. Today RF has become the go-to resource for financial bloggers to connect, network and find new blogs and ideas about money. You can find J. Money on the tweets (he is VERY approachable and responsive) at @budgetsaresexy. And did I mention he rocks a pretty sweet ‘hawk?
2. PT Money
PT Money by Philip Taylor. Philip, who also goes by “PT”, started PT Money back in 2007 to “share [his] own experiences with successfully managing [his] money and to connect with others who were heading in the same direction.” This message resonated with me personally from day 1 of this blog and is one of the main reasons I started following PT. But then I learned that he also started the biggest financial conference of the year, FinCon, and I knew that PT was legit.
3. Young Adult Money
Young Adult Money by David Carlson. This is a newer and up and coming financial blog, unlike the two behemoths I mentioned previously. David reached out to me when I first started blogging and was barely getting two people to visit my site daily. Young Adult Money is a high-quality financial site with lots of informative and helpful articles. I have no doubt that in the coming years, YAM will continue to grow and gain a larger following.
4. Afford Anything
Afford Anything by Paula “Money” Pant. Somehow I came across Paula’s awesome podcast, Afford Anything and started binge listening to the first episodes with J. Money as her co-host. Paula definitely brings it and she even peaked my growing interest in investing in rental properties. Although she seems to have stopped updating her financial blog regularly, her podcast is active and well-worth following. J. Money left after episode 26, but Paula continues to produce a great show with amazing guests and fantastic content.
5. through 7. The Financial Minimalism and Extreme Frugalism Blogs
This next group of blogs I’m going to lump together because they all follow the same general philosophy of financial minimalism and extreme frugalism. Essentially, they preach the idea that the less you spend, the sooner you can retire with less money. I don’t necessarily agree with their ideas, (mostly because it is not practical for my family at this point), but I recognize them each for the financial authorities that they are.
- Early Retirement Extreme – This was the blog that started the entire “early retirement” movement, and has a philosophy that will allow anyone to retire in as few as 5 years.
- Mr. Money Mustache – I actually really like this blog. Mr. MM’s writing style resonates with me, and his ideas are sensible and practical. He has developed a group of followers called “mustachians”.
- Mad Fientist – The Mad Fientist is a disciple of Early Retirement Extreme, and was able to achieve financial independence when he was just 34 years old.
All three of these blogs resonate with me on some level – financial independence is what we all seek. And frankly, if we didn’t have a significant amount of student loan debt and a mortgage, financial independence would be a lot closer to our family than it currently is. (This is one of the main reasons I started this blog, to learn about how to achieve financial independence much faster).
8. Money Boss
Money Boss by J.D. Roth. Any list of top financial blogs would not be complete without including J.D. Roth. I wrote a post about J.D. and his story of building up and selling a financial blog to achieve financial independence. J.D. tells lots of personal stories in his blog, which has drawn him a large audience. In addition, he advocates building wealth slowly, by systematically contributing to savings and retirement accounts.
9. I Will Teach You To Be Rich
I Will Teach You To Be Rich by Ramit Sethi. Ramit has had a huge influence on me since I first heard him as a podcast guest several years ago. His philosophy on personal finance, investing, and earning more money most closely aligns with my core values. Several years ago, I even invested in his Zero to Launch program (and am using it to help me build this blog). If you have never heard of Ramit, you can get a good overview of his core philosophies by checking out his book, I will Teach You to Be Rich. (affiliate link)
10. Wallet Hacks
I just recently started following Wallet Hacks by Jim Wang. Jim is a 30-something Husband and Dad who just recently started Wallet Hacks in 2015, but has already grown to over 12,000 subscribers and 200k visitors per month! So he clearly must be doing something right, not to mention he writes some great articles on investing, spending money wisely, paying down debt, and just enjoying life. In one of my first weekly roundup posts, Jim’s article on the average income in America made the top of the list!
Which Financial Bloggers Did I Miss?
So there you have it, ten of my favorite personal finance blogs.
Or just leave a comment below! Thanks!