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It’s worse than I thought.

 

Last week, I posted a blog article entitled “High-Income Bloggers Are Ruining Personal Finance.”

 

I expected a little bit of pushback from the blogging community. As my blog is fairly small still, I certainly wasn’t expecting to get the attention of any of the bigger bloggers.

 

The post ended up creating a bit of a ruckus on social media shortly after the post went live (via Twitter). My account blew up with comments.  The number of views on the post exceeded my wildest expectations, but it also clued me in on the fact that things are much worse than I thought they were.

 

Personal Finance Has A Compassion Problem

 

Today’s post I would like to discuss some of the feedback that I received.

 

One very well-known blogger took issue with me insinuating that Mr. Money Mustache was one of the first money blogs to receive mainstream media attention for his ability to monetizevthe readership of the blog. I’m not sure I understand his agenda or motive on correcting me as to who should receive that title, but if he or one of his cronies wants the title, I’ll let him have it. I suspect that money advice can be traced back to sometime before Christ. I’m sure there is a burning bush someplace in history that said: “thou shall not work past the age of 45” (if you lived that long).

 

I suspect that money advice can be traced back to sometime before Christ. I’m sure there is a burning bush someplace in history that said thou shall not work past the age of 45 (if you lived that long). Click To Tweet

Those Damn Statistics

 

The same blogger also felt the need to point out an error in my statistics. Let it be known that if you make $100,000.01, you are considered a six-figure earner, and not in the 1% group. It places you in or around the 74th percentile. Touché, first money blogger ever, you got me on a technicality, point yours. Thank you for your insight.

While we are discussing statistics, another blogger wanted to know what percentage of average income readers can’t relate to advice written by high-income earners. That kind of statistical research is well beyond my capability, and even if I had the data, I’m not sure what it would prove. I imagine the request was done to marginalize the group, and my response is. even if the group is statistically small, it still likely represents a large number of people.

Note: My own anecdotal survey, for every one blogger insisting that I’m wrong there were 10 positive comments in my inbox.

 

 

Cool Kids

 

As to my headline, it was accused of being clickbait. If you haven’t been traveling with the blog crowd, you may not realize that “clickbait” has become the vague pejorative term content creators like to call any piece of content they disagree with, as if the disagreeable content is synonymous with free gift card ads, or celebrity before and after surgery pictures posts.

 

Unknowingly, these bloggers validated my point because I intentionally and lovingly appropriated the title from another well-known and liked blogger who I admire. When his post went live, there were no comparable reactions or accusations of the article being clickbait.

 

My Grandmother told me once “The difference between being crazy and eccentric is how much money you have.” It’s clear when you achieve a certain level of success in blogging you are afforded much more latitude. Every aspiring blogger wants a seat at the cool table and crossing the star quarterback is not going to win you any fans.

 

Double Standard

 

The higher-income money bloggers were the most vocal about the idea some people cannot connect with what they are saying.  Their responses ranged from average income earners should take inspiration from their journeys, to anyone with modest incomes should just work harder and sacrifice more.

 

I mentioned in my previous post that not all individuals want to work 10 hours a week on a side hustle. For some people, quality of life is more important than retiring early; that doesn’t make them lazy.

 

One blogger compared blogs geared towards people with average income to blogs written for food stamp recipients.

 

I found it interesting reading between the lines, that if an individual making six figures manages to live on $30 some thousand dollars, they become the Patron Saint of Finance. However, if you make an average income you “must’ be a desperate debtor struggling to make rent.

 

The Witch (Demon) Hunt

 

The same folks accused me of demonizing their club and their viewpoints, but quite frankly, I think they did it very well themselves.

 

First, if I wanted to “demonize” anyone I would have been much less covert about it, and I’m sure some analogy to Sith Lords would have been made.

 

Secondly, I would have taken the accusation a bit more serious; if the same people who accused me of demonizing high-income earners felt similarly compelled to correct the commenters accusing average income people of being lazy.

 

People on the other end admitted that many blogs written by high-income earners are too farfetched for them to connect with, and to relate to. Readers thanked me for my service in saying what many of them thought. Some have gone as far to say that it’s the fault of the high-income bloggers that so many people stress out about what they cannot achieve, and it leads to job dissatisfaction and life dissatisfaction.

 

Where to go from here

 

I want people to know that you can have happy and productive lives at (most) any levels of income. You do not need to reach financial independent retire early  (FIRE) at a certain age to live a great life. Good planning is not about judgment, rather it’s about helping you improve your life and make better financial decisions. Whether you have a six-figure income or more modest income, I will be here with ideas to help you achieve your financial goals, whatever they may be. Without judgment, and no B.S.

 

Let me know what you think in the comments below!

If you have a question you would like answered in our 5-minute financial lessons series please submit it here.

 

You do not need to reach FIRE at a certain age to live a great life. Good planning is not about judgment, rather it's about helping you improve your life and make better financial decisions. Click To Tweet

 

 

 

 

 

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