Over the last several Wednesdays, I have posted interviews with the other members of the M-Network and the M-Network friends so you can get to know them a little bit better. If you don’t already read these sites, you really should check them out! This week’s interview is with Mrs. Micah, who became an official member of the M-Network after the interviews initially ran. Welcome Mrs. Micah!
So Mrs. Micah, when did you start Mrs. Micah:Finance for a Freelance Life and why?
I started it exactly 1 month after getting married. Hence the name…I was pretty twitterpated and looking for a good pseudonym.
I started it because real life had begun to sink in a little. I had known for years that Micah had student loans. It made me sad, but I accepted that as part of his decision to pursue a PhD. He’s also had a lot of scholarships, which I’m grateful for. And after seeing him teach I know that he’s in the right place.
But despite all that, I was feeling scared about the amount of debt and felt the need to take some control. I began reading PF blogs, particularly Blogging Away Debt. I started mine as a way to keep myself accountable and to express what I was thinking. Also as a place the record all the positive steps we were taking. 🙂
How much time do you spend each week on your site?
Far too much. It’s embarrassing. Minimum is an hour each day on the site itself (writing and maintenance). More when you count networking and blog reading/commenting.
For other people contemplating starting their own personal finance sites, what are a few tips you could offer them?
You don’t have to be the top blogger. You don’t have to be ashamed of who you are. If you want to write about strictly personal stuff and never weigh in on the economy, that’s ok. A good deal of PF blogging is being supportive of each other.
If you want to get noticed, comment on blogs of all “levels.” Don’t only comment on the biggest blogs because they may not notice you among the crowd. But don’t feel like your opinion isn’t just as good as theirs even if you only have 1 subscriber…your sister.
If you want to blog, just do it. Blogging can be helpful for you whether people are reading or not. The first month I blogged I was all over the place and had few visitors. But that was just as ok as now that I’m more focused and have more traffic.
What are the most essential habits that you’ve formed to achieve your financial goals?
Staying within spending limits (though not always formal budgets). Designating specific amounts to save/snowball each month. Being willing to reduce, reuse, and reimagine and to do without. But finding fun even as I do without some things.
What achievement are you most proud of in the last 12 months?
Well, I’m very happy that I had enough savings when we got married that I was able to pay off Micah’s credit card debt in one shot (albeit a couple months after we married, once I’d read Ramsey).
What would you consider the single most important thing people can do for their finances?
Pay attention to them. Know what’s coming in and what’s going out and where that’s going. Without that, you can’t begin to plan to do better.
If you had to pick three of your own posts to call your “favorites”, which would they be?
I like my series on hiding money from an abusive spouse.
And I found these thought-provoking…both for me to consider as I wrote them and then to read the responses:
(I also still find that stripper post and its repercussions kind of hilarious: http://www.mrsmicah.com/2007/10/14/afternoon-brain-snack-stripper-edition/ and no those aren’t my legs.)
Thanks Mrs. Micah!