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Photo by Clem Onojeghuo on Unsplash

Growing up in the South and being raised by a strong Southern woman, I’m very familiar with the common beauty routines that are “expected” of women. And as I’ve grown into myself (I’ve just turned 30 and finally feel adult), I’ve realized with time that those care routines aren’t necessarily required — they’re cultural.

As part of this self-awareness, I also realized just how much money I’d spent on these routines, like coloring my hair, procuring makeup, and the occasional pedicure. And not all of which actually made me happy.

Before I started FamFi, I worked in the nonprofit sector…


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Photo by Alexis Fauvet on Unsplash

You’ve probably heard that spending money on experiences will make you happier than buying things. This news has been everywhere for the past few years with study after study proving the truth of it.

And, many of you have probably experienced it firsthand, just as I have. Spending your money on travel, concerts, and going out with friends brings me a lot more joy and lasting happiness than buying a new dress.

So, what’s with the big “maybe” in the title?

Well… some new research has come out that questions whether all the other studies have missed something.

Experiential Spending is a Privilege. Recognize.

New research…


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Photo by Fancycrave on Unsplash

Almost.

I know what you’re thinking. How could sifting through tons of flight searches in multiple browser tabs be better than sitting on a damn beach with your partner, drink in hand? Trust me, it’s possible. And here’s why.

The Power of Antici… pation

When I was a kid, time seemed to stretch and the wait until Christmas morning felt excruciatingly long. I used to make my own countdown clocks with pen and paper, crossing off each day as it passed, until that glorious present-filled morning arrived. …


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Photo by Sydney Rae on Unsplash

As part of starting FamFi, I subscribed to a lot of financial blogs. I mean, a lot. If you’ve been tuned into what financial bloggers have been saying in the last couple of years, then you’ve probably heard the term financial independence, or F.I. Often, financial independence is tied with “retire early,” making the term FIRE.

I’m not against FIRE, but I’m also not obsessed with it. Because honestly, is it really realistically feasible for very many people? Not in my opinion. …


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Photo by Bernard Hermant on Unsplash

Are you spending to keep up with the Joneses — or rather their 21st century equivalent — your friends who live that cushy six-figure life?

I’ve recently returned from SF, and it blows my mind how much I spent just to feed myself for the two weeks I was there. A lot of it was social, and of course SF is mad expensive, but it did leave me feeling a mixture of guilt with a hint of envy and resentment.

Turns out I’m not alone in this experience. There’s even a cool catchphrase now that tries to wrestle with these…


We’re not financially irresponsible — we just need a way to plan

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Photo: kameshkova/Getty Images

When was the last time you read an article about millennials being “financially irresponsible”? Oh, yesterday? The day before? Every day, probably. For some reason, “adults” and experts alike tend to think millennials are not careful with their money and don’t spend as they should.

You’ve probably heard the target of these attacks: avocado toast. Though the rhetoric around millennials’ spending habits is consistently negative, you can’t criticize our fiscal (ir)responsibility without understanding the context surrounding it.

Saving Isn’t Easy

The challenges are real. Between student loan debt and stagnating wages, it’s no wonder we’re struggling to save enough money to prepare ourselves…


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Photo by Kimon Maritz on Unsplash

In today’s culture, many couples choose to be together for an extended period of time without getting married. Traditionally, marriage was the signal that finances became shared, or even further back, that the husband began paying for the wife’s needs instead of her father. Thankfully, we’ve moved past that period in time. (I can buy my own unicorn socks, thank you.)

If you’ve decided to share financial responsibility with your partner and split some bills, then you’re clearly planning to be in it for the long-haul, right? …


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Photo by Miriam Höschele on Unsplash

How we spend our money is an important part of our individual and generational culture. Many news outlets like to publish articles bashing us Millennials for our “strange” spending habits. “These young people” are living at home longer and aren’t buying cars, homes, or other traditional age-appropriate items.

What’s happening to the world??

I’ve got to say, I’m all for how we are choosing to spend our money. Yes, we’re changing the economy. But, we’re also changing ourselves, and for the better, some research shows.

Instead of spending money on material possessions, we are changing the game by spending our…


How gender norms affect wage reporting

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Photo: Brooke Lark/Unsplash

You probably never thought you’d hear these words: The United States Census Bureau just released an interesting study. Yep, I said it. They’ve got data that won’t put you to sleep.

The Census Bureau uses family income as a way of measuring the health of the economy. To check their sourcing methods and accuracy, they compared reported household incomes with tax and employer information.

Guess what? In “non-traditional” heterosexual couples, where the wife earns more than the husband, the data was off. The wife underreported her earnings while overreporting her husband’s earnings. The same happened when the husband filed the…


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Photo by Alí Díaz on Unsplash

Confession time. We’ve all been there.

It’s the end of the month and you go to pay your bills. Whoa. Did I actually spend that much? Where did it all go?

For me, it’s always the small incidental purchases. One dinner out here, a beer or two there, and that funky cactus I just had to have that was also on super-sale. It all adds up. Each small purchase compounds until at the end of the month, your outflow is higher than your income.

Like I said: we’ve all been there.

What I try to focus on now is value-based…

Anna Franceschi

CEO and Co-Founder at FamFi — money nerd by day, artist & gardener by night.

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