Next up, in the 47th edition of our very popular Best of the Best Blogger series, I was thrilled for the opportunity to speak with the owner of Well Heeled Blog (blogging anonymously as WellHeeled).
What’s so utterly refreshing about WellHeeled (WH), as one of the more notable personal finance bloggers in the category, is her unapologetic joie de vivre. Passion seems to be the underpinning of WellHeeled’s life, permeating throughout her writing and topic coverage and coloring her personality in an undeniable way. She actually started WellHeeled as a lifestyle blog but quickly decided that she wanted a broader canvas with which she could write, talk and share her life.
Folding in coverage of personal finance was far from difficult for her because the topic spoke perfectly to the “inner nerd” in her. She enjoys writing on “just about anything” and her eclectic topic coverage includes everything from retirement planning to cooking, eating, consumer behavior, shoes … and even the Argentine tango!. In fact, the blog was actually named after her weakness for high quality shoes and her desire to be Well-Heeled or financially independent, whichever comes first.
As a 20-something college graduate, WH continues to navigate her first “quarterlife” with passion, enthusiasm and a restless curiosity that makes her an utterly fascinating character to know and to follow. A few of my favorite posts from WH include Do We Need a Prenup?, What Losing Money Taught Me About Saving Money and Income, Goals and What’s “Enough”?.
We sat down recently with WH to talk about personal finance, moral judgment, Christian Loboutin shoes and Dancing with the Stars.
One of your motto’s experience, not stuff is very interesting. Tell me a little bit about that philosophy and where it came from.
One day I just looked around my apartment and realized I had so much STUFF that I didn’t need or use or even liked all that much. I’m not a minimalist, but I want to become a more conscious consumer. And the perks of buying less stuff is I can buy NICER stuff (real leather vs. faux, better, lined wool pants instead of polyester, etc.) and I can spend more money on experiences. Like 95% of personal finance bloggers out there, I love to travel. So whatever money I don’t spend on stuff I can use towards epic vacations.
Having said that, I think many times there’s a moral judgment on buying things vs. paying for travel (the former is bad and stupid, the latter is encouraged), but I don’t think getting a pair of Christian Louboutins is a morally inferior choice to jetting to Paris. It just depends on what will make you the happiest.
Whats the most impactful personal financial experience that youve had in your first quarterlife?
Hmmm … I’d have to say it’s
- Maxing out my Roth IRA every year, and
- Encouraging my fiance to max out his Roth IRA every year.
We are in our mid-late 20s, and we have $100,000 in retirement funds between the two of us. I was really surprised when I did that calculation, but our consistency in saving really helped us there. When I was in college, I didn’t even know what a Roth IRA was, so I think I’ve came a pretty long way.
Where did the shoe obsession come from? Is your interest in personal finance and expensive shoes related in any way?
Whats the single greatest gift that youre blogging experience with your Well Heeled Blog has given you?
Whats your stance on non-mortgage related revolving debt, otherwise known as credit cards. (For the record, its perfectly OK to say credit cards are evil if thats how you feel. You just have to tell me why.)
Id like to hear a little bit about your other passion the Argentine tango. Why the Argentine tango instead of the ballroom tango?
Given your affinity for the tango, that begs the most important question whos your pick for Season 14 on Dancing with the Stars?
I’d like to think my Well-Heeled friend for taking the time with me. It took us a little while to connect and make the interview happen but it was enlightening and thoroughly enjoyable.