1. Yes. The r/personalfinance wiki on subreddit has some great starter ...
Yes. The r/personalfinance wiki on subreddit has some great starter content in a wiki[1] that's not a content marketing funnel into any product/service.
The only major point of the flowchart that I disagree with is the part about paying off mid to low interest debt.I suppose that is where the "personal" part of personal finance comes into to play.For example, a person will post something like, "Should I pay off my $50k student loans at 4%-6% as fast as possible, or should invest more?"Common responses include:1. "Would you take out a $50k loan at 4%-6% to invest?"2. "Paying off your loans is a guaranteed 4%-6% return."The problem I have with this advice is that in the case of response #1, that is somewhat of a false equivalence. Also, I am not sure outside of a HELOC where one could even get a $50k loan for 4%-6%. Even in this environment currently, I see banks advertising their low interest loans which clock in around 8%-12%. (I'm not counting margin loan rates in this example).As for #2, I feel like this advice is okay at face value, but tends to fall apart once one takes more factors into account. One such factor people often miss is that one must use post-tax income to pay off student loans. Thus, in the US, assuming the person asking for advice has any income at all, then he or she must pay 10% <= x <= 37% in taxes to pay a 4%-6% loan, thus it's a guaranteed loss of 10% to 37% to get a guaranteed return of 4%-6%.I'm not trying to downplay the powerful psychological aspect of paying off debt, but I do think more people should consider the mathematically optimal option as well (making the minimum payments on debt while max...
2. 21 Must-Read r/PersonalFinance Reddit Posts, by Category
Feb 3, 2021 · When it comes to personal finance, there's a lot of advice out there. Some of the best advice comes from a forum website called Reddit.
When it comes to personal finance, there's a lot of advice out there. Some of the best advice comes from a forum website called Reddit. Specifically, the r/PersonalFinance subreddit. (A subreddit is like a mini forum within Reddit all about a specific topic—in this case, personal finance!) However, there are tens of thousands of posts talking about […]
3. r/personalfinance - Subreddit Stats & Analysis - GummySearch
r/personalfinance is a subreddit with 19.1M members. Its distinguishing qualities are that the community is massive in size, and has crazy activity.
4. I second the recommendation of the /r/personalfinance wiki. In particular ...
1. "Would you take out a $50k loan at 4%-6% to invest?" 2. "Paying off your loans is a guaranteed 4%-6% return." The problem I have with this advice is that in ...
The only major point of the flowchart that I disagree with is the part about paying off mid to low interest debt.I suppose that is where the "personal" part of personal finance comes into to play.For example, a person will post something like, "Should I pay off my $50k student loans at 4%-6% as fast as possible, or should invest more?"Common responses include:1. "Would you take out a $50k loan at 4%-6% to invest?"2. "Paying off your loans is a guaranteed 4%-6% return."The problem I have with this advice is that in the case of response #1, that is somewhat of a false equivalence. Also, I am not sure outside of a HELOC where one could even get a $50k loan for 4%-6%. Even in this environment currently, I see banks advertising their low interest loans which clock in around 8%-12%. (I'm not counting margin loan rates in this example).As for #2, I feel like this advice is okay at face value, but tends to fall apart once one takes more factors into account. One such factor people often miss is that one must use post-tax income to pay off student loans. Thus, in the US, assuming the person asking for advice has any income at all, then he or she must pay 10% <= x <= 37% in taxes to pay a 4%-6% loan, thus it's a guaranteed loss of 10% to 37% to get a guaranteed return of 4%-6%.I'm not trying to downplay the powerful psychological aspect of paying off debt, but I do think more people should consider the mathematically optimal option as well (making the minimum payments on debt while max...
5. The Pandemic Turned Reddit Into a Go-to Source for Money Advice
Aug 7, 2021 · Reddit's personal-finance communities saw huge membership growth during the pandemic. Users discuss everything from budgeting and debt ...
Helpful users who adhere to a strict code of conduct make Reddit's personal-finance communities a worthwhile source for financial guidance.
6. Reddit personal finance - Think Save Retire
The main subreddit about personal finance is, naturally, r/PersonalFinance. Users on this board discuss everything from how to pay down student loans and credit ...
Personal finance on Reddit: The top subreddits to know · r/SimpleLiving: Provides tips on how to live with less and save more money. · r/Frugal: From budget
7. 7 Most Important Reddit Threads To Read on Personal Finance
The personal finance subreddit (/r/personalfinance) is filled with interesting and helpful advice. Here are the 7 thought-provoking threads.
8. OpenAI, Reddit teaming in deal that will bring Reddit's content to ChatGPT
7 hours ago · Personal Finance · AP Investigations · Tech ... OpenAI, Reddit teaming in deal that will bring Reddit's content to ChatGPT ... Reddit IPO, Thursday, ...
OpenAI and Reddit are teaming up in a deal that will bring the social media platform’s content to ChatGPT.
9. Kiplinger | Personal Finance News, Investing Advice, Business Forecasts
Leader in personal finance news and business forecasting. Get trusted advice on investing, retirement, taxes, saving, real estate, cars, college, insurance.
10. Reddit soars after announcing OpenAI deal on AI training models - CNBC
22 hours ago · Select Personal Finance · CNBC on Peaco*ck · Join the CNBC Panel · Supply Chain Values · Select Shopping · Closed Captioning · Digital Products ...
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.
11. Robyn Shutak, CEP, FGE, NDEF on LinkedIn: r/personalfinance on Reddit
Jun 26, 2023 · This button displays the currently selected search type. When expanded it provides a list of search options that will switch the search inputs ...
🤯Dazed and Confused! "But I didn't contribute 25K of my pay to the ESPP!" 🤷🏽♂️ "Maxing an ESPP does not mean what I thought it meant!"…
12. Reddit surges on OpenAI deal - CNBC
Duration: 0:54Posted: 10 hours ago
CNBC's 'Squawk Box' team discusses Reddit as the social media company's stock surged after announcing a deal with OpenAI.
13. 20 of The Best Finance Subreddits | Check City
Mar 6, 2024 · The subreddit r/personalfinance is one of the biggest finance subreddits on Reddit. ... *r/Finance Advice has changed to r/Personal Finance. So ...
Each subreddit has its own purpose, but in general, subreddits are a great place to go to post questions, tips, advice, and participate in discussions about the main topic.
14. 13 Most Useful Reddit Personal Finance Threads
May 7, 2023 · 13 of the best Reddit personal finance tips · 1. Budgeting · 2. Always check your statements · 3. Spending on big-ticket items · 4. Leasing a ...
Check out our favorite Reddit personal finance threads for some great financial advice on budgeting, saving money, and other finance topics!
15. The Flowchart - UKPersonalFinance Wiki
A starting point for your financial planning journey in 8 steps, from the wiki for Reddit's /r/ukpersonalfinance!
16. Should You Take Money Advice From Reddit? - NerdWallet
Jun 25, 2021 · For many people, the advice on Reddit's r/personalfinance can help them feel more comfortable with money — but they should verify these tips ...
For many people, the advice on Reddit’s r/personalfinance can help them feel more comfortable with money — but they should verify these tips before following them.
17. Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
R. RDDT. 61.65. ( +9.35% ). HOOD-logo. HOOD. 19.70. ( +10.08% ). A. AKAN. 0.2003. ( + ... Yahoo Personal Finance • 2 months ago. USB · Best student credit cards ...
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
18. Roth IRA: What It Is and How to Open One - Investopedia
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Learn about our editorial ...
A Roth IRA is a special individual retirement account (IRA) in which you pay taxes on contributions, and then all future withdrawals are tax-free.
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19. OpenAI partnering with Reddit on advertising and content - CNBC
Duration: 1:04Posted: 22 hours ago
CNBC's Kate Rooney joins 'Closing Bell Overtime' with the latest on Reddit partnering with OpenAI.
20. Reddit Teams Up With OpenAI to Bring Content to ChatGPT - Time
16 hours ago · Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social ...
Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums.
