46 Comments
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Alicia Adamczyk's avatar

Loved this bit: "Someday I will be the rich old aunt who leaves her a fortune when I die."

Afoma Umesi's avatar

Same!

Shayla Martin's avatar

This was so inspiring. I'm a 39 year old woman and though I'm getting married in 6 weeks (and truly had no plans/desire to do so until I met my fiance), I still very much think independently when it comes to our finances and we've committed to keeping our money separate. I feel so behind when it comes to saving for retirement, but reading how this woman really turned things around at 40 gives me hope. I love my future spouse, but like this writer, have no belief that a man will "save me" and have always wanted to remain financially independent no matter what. Thank you so much, Lindsey, for offering a financial picture of a single woman in a HCOL city! It's really helpful for women who are choosing to remain unpartnered or keeping finances separate from their partners.

Ariana's avatar

++ to all Shayla said!

FI Accountant's avatar

Definitely great to remain financially independent as a woman, even in a relationship.

Ariana's avatar

One of my favorite entries especially seeing how family oriented she was while determined to not have kids (not that Purse readers need a reminder that you can be childfree and still support/enjoy having kids in your life!). Very inspiring

Heidi's avatar

I love this as a now single woman for the past 13 years. I re-read that sentence saying so much financial advice is geared toward couples. I read it like four times! How true! I work in non-profit and can sympathize with the pay. This was really empowering to read after finding out so many financial surprises during my divorce. I lean toward staying single the rest of my life as well. Those surprises were not fun and when I asked to know, he wouldn't let me know, so I knew something was amiss. My fault for not asking sooner and for not taking ownership sooner! I always say IF I get remarried, no one will handle my money again and this goes against the circles I'm in but I frankly don't care. I lived at home after my divorce and got myself out of so much debt that I didn't know I had. LOVE THIS!!! Please feature more singles as you're able. :)

FI Accountant's avatar

I completely empathize with you Heidi, about leaning toward staying single, although I prefer to think of it as 'independent'. Having been through divorce and rebuilt, I believe it's really important for women to maintain control of our finances, and our autonomy more generally.

Madeline's avatar

I always love these - as a former reader of Money Diaries, I love how much more nuanced and thoughtful they are. Thanks to this writer for sharing.

We’ve been down some similar kitty roads - it’s so hard, no matter which way it goes. Sending your fur friends some scritches and snuggles :)

Dewie's avatar

One of my favorites, you go on with your bad self . I am a favorite Aunt too , now a great Auntie. 😱 Bah. Such a great read , really inspiring for everyone, couples , singles, students. Thank you for letting us in and to the Purse for finding great subjects.

Anna Y's avatar

Hello fellow powerlifter & future rich old aunt! Also I love how you provide support to your niece with the IRA "match" and gift of educational books!

Alicia Adamczyk's avatar

Hoping I can steal the idea of the IRA "match" for my nieces one day!

Q El Crosby's avatar

We love a rich auntie!!! x The mindset shift you made is really inspiring.

Oldbiddy's avatar

I’m 10 years older but have followed a similar path - not NYC but similarly high COL areas. I’m happy to see a single woman profiled here and she is doing great!

I could retire now if needed but am trying to stay employed for at least a few more years to secure a bit more of a cushion

FI Accountant's avatar

Great position to get to - continuing to work as a matter of choice, rather than requirement!

Alex's avatar

This was a super inspiring read! Motivating me to get my s$&t together as 40 creeps up on me and I keep putting off money management despite earning a similar salary to her.

SM's avatar

This is super inspiring to me, thank you for sharing! I love hearing how she dramatically turned her financial situation around, starting around age 40 and living in NYC, in a very short amount of time.

Alicia Adamczyk's avatar

Agreed, going from five-figure debt to six-figure net worth in just a few years is so cool to see!

Kristen C's avatar

As a child free -pet loving woman (who had a partner), I want to thank you for sharing about pet costs and those really hard decisions. Over the years I have spent more $ then I would like to admit on my dogs and cats and have had to face the is this going to prolong life or prolong suffering. It feels like an impossible decision.

Thanks for sharing your story.

In a Time By Caryn's avatar

Way to go! Be so proud of yourself!

Jess's avatar

This was a great read! Sounds like she’s enjoying herself and the life she’s built. I really admire her.

Istiaq Mian, MD's avatar

Just want to say how much I enjoyed this one! And it is impressive to only spend $50-100 a month on dining out in NYC! Will also check out the book she recommends.

Michelle's avatar

I love this. She sounds so badass. I’m married but absolutely not having kids and also leaving all our money to Neices and nephews. They are young so probably haven’t realized it yet. But they love us anyway! Haha. It feels great.