If you want to expand your knowledge on how to start planning your finances, Reddit personal finance communities are a great place to begin and get your questions answered. In this post, we list out the best subreddits.<\/p>\n\n
Personal finance is a concept to manage money that includes investments and savings. On a broad level, it caters to all the financial services related to an individual or a household. It can be insurance, budgets, bank accounts, mortgages, taxes, future planning, and real estate.<\/span><\/p>\n Reddit personal finance forum consists of several communities called subreddits which handle various categories of personal finance. You can create or participate in the discussion threads and also comment on them.<\/span><\/p>\n Reddit community is a type of social media platform. The community consists of various forums or subreddits. Each of the subreddit has a name and purpose behind it. The curators of the content in them are individuals who are experts or are seeking guidance on a topic. The content is up-voted or down-voted by the community members, depending on their relevance and their utility. So you can expect a democratic mechanism with potentially good information shared filtering out unnecessary redundant content.<\/span><\/p>\n Also read:\u00a025 Essential questions to ask a financial advisor | Know your advisor<\/a><\/strong><\/p>\n Let us now explore the list of subreddits on personal finance that are popular and useful. They are the vest Reddit threads; highly engaging with quality discussions and are well curated. The threads are all part of the Reddit personal finance community forum.<\/span><\/p>\n r\/personalfinance<\/strong>\u00a0<\/strong>is the best subreddit of all time in the community dealing with personal finance. The size of the community is almost 14.8 Million. It deals with a number of topics like budgeting, investment, retirement planning, credit, debts, savings planning and many more. Prime Directive is one of its key guides on personal finance.<\/span><\/p>\n Members: 14.8 Million<\/span><\/strong><\/p>\n Reddit financial independence or <\/span>r\/financialindependence<\/strong> forum deals mainly with techniques and methodologies for being financially independent as the name suggests. The <\/span>financial independence reddit community as almost 966K members. Every day it has a \u201cDaily FI Thread\u201d for addressing issues and concerns.<\/span><\/p>\n Members: 966K<\/span><\/strong><\/p>\n Reddit fatfire or r\/fatFIRE<\/strong>\u00a0community deals with wealth and financial independence as well as early retirement planning. It has 209K members at present. The community runs multiple threads related to wealth planning after losing a job, hiring employees or personal assistants, buying and selling of investments, savings planning guidance etc.<\/span><\/p>\n Members: 209K<\/span><\/strong><\/p>\n Reddit frugal or r\/Frugal<\/strong> is one of the active <\/span>personal finance reddit communities that deal with different aspects of frugality. The member count in this forum is almost 2 Million which is quite huge. The subreddit serves as a directory for the other reddit personal finance communities like cheapmeals, budgetfood, and simpleliving. It conducts weekly threads for sharing your hauls and finding the same.<\/span><\/p>\n Members: 2M<\/span><\/strong><\/p>\n r\/povertyfinance<\/strong> is a subreddit that deals with discussions that are centered around providing financial advice and guidance. Its key concept is the wiki resource page. The community hosts a number of supportive threads.<\/span><\/p>\n Members: 897K<\/span><\/strong><\/p>\n Also read:\u00a0How much money should I save before buying a house?<\/a><\/strong><\/p>\n Reddit student loans subreddit – r\/StudentLoans<\/strong> focuses on discussions, guidance and information related to student loans. Some of its common threads include how to repay a student loan, the best way to apply and get a loan, verification of the repay interest rate.<\/span><\/p>\n Members: 122K<\/span><\/strong><\/p>\n Reddit credit cards – r\/CreditCards<\/strong> subreddit helps in finding out information related to credit cards and the best ways to pay off a credit card balance.The key threads of this community are the stories posted by individuals on how they have become debt-free from their credit card balance.<\/span><\/p>\n Members: 515K<\/span><\/strong><\/p>\n Passive income reddit or r\/Passive_Incom<\/strong>e is a community focusing on how to create passive income streams. The subreddit has multiple threads where people share their expertise and experience on how successfully they have created passive income over and above active income.<\/span><\/p>\n Members: 183K<\/span><\/strong><\/p>\n Reddit real estate investing – <\/span>r\/realestateinvesting <\/strong>deals with discussions, experiences and information related to real estate investing. Some of its key threads are advice on selling rental property, buying property with zero downpayments, hard money lending and so on.<\/span><\/p>\n Members: 1.1M<\/span><\/strong><\/p>\n Dave Ramsey Reddit – r\/DaveRamsey<\/strong> subreddit guides people to be relieved of their debt and be financially stable and peaceful by following the rules and principles stated by Dave Ramsey. Some of the key threads running in the forum are emergency funds, mortgage, self business, owning assets etc.<\/span><\/p>\n Members: 68.8K<\/span><\/strong><\/p>\n Also read:\u00a0How to start a business with no money?<\/a><\/strong><\/p>\n r\/RothIRA<\/strong> community discusses issues related to Roth Individual retirement account (IRA). The IRA mandates paying of taxes when money goes into the account but then afterwards the future withdrawals are tax-free. Some interesting discussions in the forum are related to <\/span>best mutual funds for Roth ira, fidelity investments Roth ira and others.<\/span><\/p>\n Members: 4K<\/span><\/strong><\/p>\n r\/SideHustle<\/strong> is a subreddit that has discussions and information related to a side hustle. By side hustle, we mean multiple streams of income that may turn out to be a permanent job, can help in paying off debt and bring in a sense of satisfaction.<\/span><\/p>\n Members: 61K<\/span><\/strong><\/p>\n Reddit tax refund is a part of a subreddit called Refundchamps. You can discuss tax refunds in this community forum. The threads are focused on current refunds strategies and also helping out people on refund issues.<\/span><\/p>\n Members: 4.9K<\/span><\/strong><\/p>\n Reddit debt-free is a community which deals with discussions and issues on how to stay debt-free. The key threads running on the forum are on debt management, debt settlement, advice on how to handle debts, journey to debt freedom and many more.<\/span><\/p>\n Members: 22.7K<\/span><\/strong><\/p>\n Reddit investing or <\/span>investing for beginners Reddit<\/span> is taglined as \u201cLose money with friends\u201d. There are daily discussion threads in this forum on investments. The forum hosts discussions on mutual funds, stocks, cash reserves, bonds and many more.<\/span><\/p>\n Members: 2M<\/span><\/strong><\/p>\n Also read:\u00a0Estate planning attorney | Top things know before hiring an estate planing attorney<\/a><\/strong><\/p>\n r\/wallstreetbets<\/strong> is a forum or subreddit where the information, norms, guidelines and announcements related to Wall Street are discussed. You can engage in the daily discussion threads and what are your moves tomorrow threads for details related New York Stock Exchange, US brokerage and investments.<\/span><\/p>\n Members: 11.3M<\/span><\/strong><\/p>\n The r\/Budget<\/strong> helps in finding out solutions on building up a robust and effective financial plan and budget. The common and popular threads in the subreddit are tips on reducing spending, help to come out with a budget, ISO new lifestyle budget advice and many more.<\/span><\/p>\n Members: 18.7K<\/span><\/strong><\/p>\n Reddit bogleheads – r\/Bogleheads<\/strong><\/a> deals with passive index investing. The name has been given on the basis of Jack Bogle, the founder of Vanguard. In this forum, you can explore and find out discussions related to Bogle\u2019s theory on simple, low cost, tax-efficient and broadly diversified investment.<\/span><\/p>\n Members: 119K<\/span><\/strong><\/p>\n There is an insurance subreddit which has discussions on different kinds of insurance. Life insurance is one of them. You can seek information related to life insurance, know how to detect frauds and report the same and many more.<\/span><\/p>\n Members: 63.1K<\/span><\/strong><\/p>\nReddit community<\/strong><\/h2>\n
21 Best subreddits on personal finance<\/strong><\/h2>\n
1. r\/personalfinance<\/strong><\/h3>\n
2. Reddit financial independence<\/strong><\/h3>\n
3. Reddit fatfire<\/strong><\/h3>\n
4. Reddit frugal<\/strong><\/h3>\n
5. Reddit poverty finance<\/strong><\/h3>\n
6. Reddit student loans<\/strong><\/h3>\n
7. Reddit credit cards<\/strong><\/h3>\n
8. Passive income reddit<\/strong><\/h3>\n
9. Reddit real estate investing<\/strong><\/h3>\n
10. Dave Ramsey Reddit<\/strong><\/h3>\n
11. Roth ira Reddit<\/strong><\/h3>\n
12. Reddit side hustles<\/strong><\/h3>\n
13. Reddit tax refund<\/strong><\/h3>\n
14. Reddit debt free<\/strong><\/h3>\n
15. Reddit investing<\/strong><\/h3>\n
16. Reddit wallstreetbets<\/strong><\/h3>\n
17. Reddit budget<\/strong><\/h3>\n
18. Reddit bogleheads<\/strong><\/h3>\n
19. life insurance Reddit<\/strong><\/h3>\n
20. Reddit banking<\/strong><\/h3>\n