I’ll be the first to admit it, I’m kind of a blog whore and if your reading this, then chances are, you’re equally whorish. One of the things I find myself particularly drawn to on other PF blogs is the progress bar, much like the one on the upper right corner of this page. It’s a tiny snapshot of that bloggers financial soul. It’s always interesting to see how much debt someone is working to pay off or how much cash they have in their savings account. I like making goals for myself and progress bars allow me the opportunity to see what my fellow bloggers goals are. Progress bars are legit, what’s not so legit is the breakdown of some of these bloggers priorities, especially considering they are personal finance bloggers.
I’m perplexed as to how PF bloggers can have their “fun” progress bars (ie travel fund or new car fund), contain substantially more money than their debt payoff, emergency fund, and savings account bars. I don’t know what to do when I see a PFers travel fund have $3,500 in it and their emergency fund have$30.50 in it. It makes me wonder if their financial priorities are in order. Is it not hypocritical to write about the importance of fundamental financial knowledge, only to have your own website display such a large gap between the necessities (emergency fund) and extras (travel)? Maybe having an emergency fund doesn’t qualify as a fundamental financial principal and is more of a best practice? No wait, that’s ridiculous! Having some kind of emergency fund should be one of the first things we do as we fight to gain our financial freedom.
So to all you PF bloggers who have skewed priorities I’m challenging you to a blogging duel. Please explain or justify the logic behind your actions. Am I crazy? (don’t answer that)