Sometimes, getting the personal finance information that you are looking for can be difficult to obtain. Don’t get us wrong, there are plenty of websites out there with articles and blog postings about what you should do, but oftentimes it comes from large corporations or people that can’t really connect to the average reader.
That is why today we are going to be talking about some of the best finance subreddits out there and how you can use them to not only enhance your financial literacy but develop some new useful spending habits as well.
If you already know what Reddit is, you can skip right to the finance subreddits list, but for those who are new to the concept, we are quickly going to break down the website and what it has to offer.
What Is Reddit and What Are Subreddits?
Reddit is best described as a large forum for discussion between all sorts of people.
It also serves as a social news aggregation website as well. Reddit is subdivided into something called ‘subreddits’ and it allows people to easily access all the information that they need quickly.
Are you interested in fitness? There is a subreddit dedicated specifically to that.
Are you interested in learning about investing? There is a subreddit dedicated to that as well. What we love about subreddits is how it gathers like-minded people together to allow for productive discussions and debates.
You don’t even have to actively post on Reddit to take advantage of what it has to offer.
Today we are going to be diving into some of the best Reddit personal finance pages to check out. We’ll provide you with a brief explanation of what to expect with these subreddits and how you can use them to improve your financial literacy.
r/personalfinance is one of the best finance subreddits out there because it is a treasure trove of information waiting to be discovered.
Like many finance subreddits out there, you can post and ask questions that people can look at and answer. Because the community itself is rather large, you can expect to have your question seen and answered by many.
It doesn’t stop there with this finance subreddit however as there are still plenty more features to look at. The subreddit offers personal finance information to different age groups along with general information that you can use to learn about debts, investing, and even credit.
If you are looking to learn about personal finance, or better your financial literacy, this is a great finance subreddit to start with.
Have you been wanting to talk to people about your investments or get some extra advice on some decisions? r/investing is one of the best finance subreddits out there for you as it is going to scratch that itch. There are plenty of people on here discussing different companies, outlooks, and financial statements.
You can find information ranging from great apps to use for investing, to questions about financial terms and how to better your knowledge of stocks. We like this finance subreddit because it strays from all of the memes.
The finance subreddit r/wallstreetbets rose to fame this year and while it is one of the best finance subreddits out there, it has become a place that is full of memes. If you are looking to learn more about investing, we’d have to recommend this finance subreddit to you.
Personal finance isn’t just about learning how to invest your money and educating yourself on financial terms.
You also have to be able to live an affordable lifestyle that allows you to save as much money as possible. If you are looking for ways to maximize your money, you might want to check out the finance subreddit r/frugal.
This finance subreddit is dedicated to helping you live life as efficiently and cost-effectively as possible.
From food tips to service tips for your car and other products, you are going to get all the advice you need. While other finance subreddits will tell you how to make money, this one solely focuses on how to save money and put yourself in the best position financially.
Are you new to cryptocurrency or are simply looking to get more information about it? This subreddit is one of the leading finance subreddits for everything crypto. You can get good information about what is happening within the market, along with information about your favorite coins.
We do want to warn you however that this finance subreddit can get rather negative at times. This finance subreddit can be a gold mine of information, but it can also be full of naysayers and doomsday theorists predicting the end. Tread lightly here and use the information you find to make you more money.
If you want to understand how credit cards work or you want to find a better credit card for your day-to-day life, you should check out this finance subreddit.
With many people frequenting this finance subreddit, you will be shown plenty of different credit cards that you can check out.
Are you looking for a card with rewards or cashback? You can easily find that on this finance subreddit. For the most part, this subreddit is all about credit cards and their reviews so please make sure you abide by the rules if you plan on posting.
This one of the few finance subreddits that helps you if you don’t have that much money or have trouble saving. It is a great place for like-minded people to come together and discuss finance if you don’t have that much money.
We find that finance is normally a topic that is dominated by the wealthy so it is refreshing to see people on the lower end of the spectrum gather together and have a good discussion.
Just like r/cryptocurrency, these finance subreddits can get rather negative and can be a downer at times. While there is plenty of great information and advice to read about, there are also plenty of posts that can be depressing to read.
There are a lot of personal struggles on this finance subreddit so if that is not for you, you might want to look elsewhere.
r/leanfire (embracing frugality) r/fatfire (living comfortably)
Leanfire and fatfire are finance subreddits that are dedicated towards helping you reach the end goals of your life. Leanfire is all about retiring without much money and living frugally, while fatfire is all about getting you to retire with as much money as possible.
Both of these finance subreddits will provide you with great financial information and advice that you can use to help get you to where you need to be.
Final Thoughts
With so many finance subreddits, you are going to find something that works for you and your financial literacy.
We challenge you to explore reddit and find what speaks to you. Diving into finance can be difficult for some, but if you find the right people and the right topics, you can really start to get interested.
