Bitches Get Riches • Page 39 of 47 • Finance. Feminism. No fucks given.

Making Decisions Under Stress: The Siren Song of Chocolate Cake

September 24, 2017June 26, 2021 Lauren Torres ("Kitty") 15 Comments

I’m a slut for studies.

I love random, weird studies that reveal surprising and bizarre correlations. And I’d like to take you through one of my favorites today. It’s called “Heart and Mind in Conflict: the Interplay of Affect and Cognition in Consumer Decision Making.” It’s about the ways that stress affects our ability to make good choices.

Oh, and more importantly: it stars a fat slab of chocolate cake.

AWWWW YEAH

“Wow,” you may be thinking, “wasn’t the last study Kitty wrote about all about marshmallows? Do you guys cover any studies that don’t prominently feature dessert?”

To which I say: “You have bought me not sweet cane with money, nor have you filled me with the fat of your sacrifices; rather you have burdened me with your sins, you have wearied me with your iniquities.”

That’s Ye Olde Testament Speak for you shut the hell up and learn about cognitive behavioral science while looking at my collection of chocolate cake gifs!

The Economic Strategies of Disney Princesses

September 21, 2017December 30, 2021 Jess Fickett ("Piggy") 17 Comments

The cryogenically frozen head of Walt Disney will some day, when thawed, be thrilled to know that I have learned a helluva lot from the Disney princesses.

I’ve learned how to dance like only freakishly friendly woodland creatures are watching. To ignore unworthy suitors. To pout prettily until some magical older woman with questionable motives offers to give me all my nearsighted heart desires.

Most importantly, I have learned from the Disney princesses’ various economic strategies. And it’s time I shared those lessons with you.

So here it is! A breakdown of the various financial lessons you can learn from each of the princesses’ personal finance decisions. For the purposes of this study, I’m assuming that every princess’s main goal is financial independence, not something trivial like finding true love or saving her village/family/culture from destruction.

The metrics by which we judge them are merely how and if their in-story choices contributed to their fiscal future. Choices about contracts, marriage alliances, careers, trade deals, purchases, and investing all factor into this highly scientific examination.

Some of these Disney princesses are decent economic role models. Others are excellent examples of what not to do. Let’s read them for filth, shall we?

Investing Deathmatch: Traditional IRA vs. Roth IRA

Investing Deathmatch: Traditional IRA vs. Roth IRA

September 18, 2017March 25, 2022 Lauren Torres ("Kitty") 12 Comments

Two methods of investing in the stock market enter the ring.

Only one will leave victorious.

Welcome back to another installment of… INVESTING DEATHMATCH!!!!!!!!!

If you’re one of our Patreon supporters, there are four things I know for sure about you. One: you’re beautiful on the inside and out. Two: you’re powerful, also on the inside and out (like, you are spiritually intimidating and also extremely muscular). Three: You have excellent taste in blogs run by women who are emotionally in their mid-seventies but physically in their early thirties.

The fourth and most important thing I know about our Patreon supporters: Once a month, they get to choose a topic for an upcoming blog post. And this month they selected a battle royale between traditional IRAs and Roth IRAs.

So if you enjoy this week’s post, you have our gorgeous, strong, good-taste-having, democratically empowered Patreon supporters to thank for it. Please consider becoming one, or continue to aspire to grow up to be one.

So real.

Now let’s get down to the EXTREMELY ANALYTICAL CARNAGE.

How To Get Ready For a Job Interview: Prep Yourself Before You Wreck Yourself

September 14, 2017June 25, 2021 Jess Fickett ("Piggy") 10 Comments

You have a job interview! Now what?

Well for one thing, you need to dress the part. You also need to be prepared to answer the dreaded salary question. And of course, you have to get ready to negotiate for your life.

But you’re not done yet. Don’t you dare go into that interview without first doing your goddamn homework. Here are your assignments.

I Hate My Job and I Don’t Know How To Leave It: A Confession

September 7, 2017March 7, 2024 Jess Fickett ("Piggy") 52 Comments

I don’t fancy myself a hypocrite. And yet I haven’t been practicing what I preach.

We talk a lot about career advancement as a path to financial independence here. You’ve got to angle for promotions and ask for raises and, most importantly, switch jobs on the regular.

And yet I’ve felt stuck at the same company for almost eight years.

And I hate my job.

In that time, I’ve received three promotions and multiple raises. But it’s a small publishing house on a metaphorically small, remote island within the broader publishing industry.

And unless angry maenads tear my boss apart sometime soon, I’ve literally reached the top of the ladder here. There’s nowhere else to go within my company, and very few options for other publishing jobs in the area.

I feel trapped. I feel like a failure. I’m bored, directionless, and frustrated. I want to enjoy going to work again. I want to feel challenged and get paid more. And above all, I wish I didn’t hate my job.

So because I’m feeling rather… fragile and truthsome right now, I want to dissect my current career stagnation. I want to confess my failures and seek absolution. People of the internet, be gentle with me.

When Money in the Bank Is a Bad Thing: Understanding Inflation and Depreciation

August 31, 2017June 25, 2021 Lauren Torres ("Kitty") 5 Comments

Here’s a riddle: when is $100 worth $97?

The answer: when you put it in the bank a year ago.

Being frugal and being money-savvy are actually two very different skills. The former requires discipline, planning, and a strong sense of the relative importance of resources. The latter relies more on understanding how to take advantage of existing financial systems, economic regulations, and mathematical quirks.

Think of it this way: a frugal person packs their own lunch, whereas a money-savvy person itemizes it.

Depreciation expense is one of those mathematical quirks. It sounds tricky, but it’s really not! And if you know how depreciation works, you can make it work for you.

We Want YOU To Become a Patron of the Bitches

August 28, 2017June 16, 2021 Lauren Torres ("Kitty") 11 Comments

Piggy and I launched this blog in January of 2017. The level of positive engagement we’ve received in only eight months is completely shocking to us.

We’ve received a number of site comments, social media shares, and private messages with folks thanking us. According to these beautiful people, our little blog has pushed them to ask for raises, encouraged them to seek new jobs, inspired them to refocus their finances, and absolved them of unnecessary self-flagellation.

And guys, that makes us feel really, really, really, really fucking good.

As we’ve stated before, the reason we run this site is to help. Bad, outdated, irrelevant, damaging financial advice is everywhere. Seeing it—and knowing that many people must fall for it—makes our actual hearts turn into cartoon hearts that break along perfectly triangular jagged edges.

Knowing there are good people out there getting tricked, swindled, guilted, ripped-off, shamed, and drained makes cartoon steam come out of our ears. (The cartoon steam gives us actual second-degree burns. Please send Neosporin.)

For this reason, we’ve never had a plan to monetize the site. The easiest ways to do so just didn’t sit right with us. Sponsored content disguised as our own words… product reviews and advertisements for stuff you likely do not need… irritatingly pervasive pop-ups and click-to-exit ads. We get offers in our inbox to do this stuff every day. And we reject them all because they go against our core mission.

But now we’ve run into a problem.

We’ve gotten too popular for our own good.

Investing Deathmatch: Managed Funds vs. Index Funds

Investing Deathmatch: Managed Funds vs. Index Funds

August 21, 2017March 25, 2022 Jess Fickett ("Piggy") 23 Comments

Two methods of investing in the stock market enter the ring.

Only one will leave victorious.

Welcome to… INVESTING DEATHMATCH!!!!!!!!!

Hey! Get back here! Don’t you dare click away. This is fucking important and I am stretching a goddamn WWE metaphor past the bounds of decency to make it interesting for you.

So sit your ass down and learn a thing.

Before we ring the bell and start this fight, we should get the basic concept of investing out of the way. Investing in the stock market means you buy tiny chunks of various companies and in return you get tiny chunks of their profits. These tiny chunks add up over time so that you make more money than you would if you just put your money in a savings account.

Got it? For more on investing, we strongly recommend you check out Dumpster Doggy’s Invested Development course or this beginner’s guide over at Half Banked.

Ok. Now I want a good, clean fight…

Dafuq Is Credit and How Do You Bend It to Your Will?

August 17, 2017December 20, 2021 Jess Fickett ("Piggy") 12 Comments

We’ve been getting a lot of variations on the same question recently: “How the fuck do I credit?”

How indeed? A lot of our readers are struggling with not only maintaining a good credit score, but with even understanding the whole concept in the first place.

It’s one of the many money terms I have the sneaking suspicion everyone else in my high school class was taught on a day I was absent.

Thus, I’ve been left to figure it out for myself over the years. And what I’ve found is reassuring: it’s not nearly as scary or complicated as you’ve been led to think. But like a pack of trained raptors, it must be treated with care and attention lest it rend you limb from limb.