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Reddit has become a guide to personal finance

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Re: Reddit has become a guide to personal finance

#81

Post by whatsmyusername »

mlrtime wrote: post #76
tiew9Vii wrote: post #73

Must admit, reddit got me caring more about my finances. It seems not many people are taught about money properly. I certainly wasn’t and non of my friends where. I’ve always been good in that I never spent what I didn’t have and lived within my means. What savings I did have where in a zero interest current account though! Following the finance Reddit’s at least put me in the right path. 6-12 months cash savings now…

Do you mind sharing the subreddits?

/r/personalfinance ignore the subreddit and read the sidebar

Re: Reddit has become a guide to personal finance

#82

Post by christophilus »

walrus01 wrote: post #49

/r/wallstreetbets is to finance as Gwyneth Paltrow and Goop are to professional, rigorously scientific medical advice.

80% of the stuff on /r/securityanalysis is actually top notch. Reddit is a combination of dumpster fires and brilliance.

Re: Reddit has become a guide to personal finance

#84

Post by fullstop »

read_if_gay_ wrote: post #44
disiplus wrote: post #35

Earlier quoted context omitted.

and that's mostly thanks to subreddit moderators, if they weren't that aggressive it would be full of spam. u can notice that on some subreddits when moderators are away or some that have lax rules.

That's because of the voting system.

That can be manipulated too, though.

Re: Reddit has become a guide to personal finance

#85

Post by ptd »

mlrtime wrote: post #76
tiew9Vii wrote: post #73

Must admit, reddit got me caring more about my finances. It seems not many people are taught about money properly. I certainly wasn’t and non of my friends where. I’ve always been good in that I never spent what I didn’t have and lived within my means. What savings I did have where in a zero interest current account though! Following the finance Reddit’s at least put me in the right path. 6-12 months cash savings now…

Do you mind sharing the subreddits?

r/fatfire

Re: Reddit has become a guide to personal finance

#86

Post by piva00 »

paulcarroty wrote: post #65
JackMorgan wrote: post #43

Reddit is truly amazing, such that I've mostly replaced my usage of hackernews with it. I have serious issues with anxiety, and the inability for me to filter out content related to "current news" aka "clickbait fear mongering" means when I surf hackernews for too long I'll be upset for hours afterwards as I'm riled up with current events rewritten as FUD. Reddit can be filtered by subreddit, so I've got a view with…

I've just asked question in kindle subreddit about reader differences, no links/promoting/etc, next day my post was disappear. And it's common practice on reddit. So yeah, fantastic micro culture!

I'm sorry but what does your anecdote prove here? Reddit is a collection of thousands of subreddits, moderated by a wide range of people, your experience in the Kindle subreddit doesn't say anything about the micro culture of another subreddit. There are good and bad communities on Reddit, that is the beauty and the flaw of it at the same time: you have to find them.

Yeah, it is commmon practice for some subreddits, go find other communities. I've been part of very shitty ones 10 years ago when I didn't know how it worked, for years now I just tailor my usage for what I want, like and need.

Re: Reddit has become a guide to personal finance

#87

Post by erikbye »

Double_a_92 wrote: post #80
erikbye wrote: post #71

Earlier quoted context omitted.

In the case of Stack Overflow, I would argue its gamification creates a lot of low-quality answers. Many reeks of someone who knew nothing about the question but did some hasty googling to score points. Now they propagate misinformed/wrong, and outdated information.

You get quickly muted on SO if most of your answers aren't upvoted. Make it actually kinda frustrating to start helping over there. You basically can't answer a beginner question, because they probably have a new account and can't vote yet, so your (possibly good) answer gets 0 likes... Do that a few times and you get banned from answering.

The issue is that these bad answers are frequently upvoted.

Re: Reddit has become a guide to personal finance

#88

Post by swarnie_ »

mlrtime wrote: post #76
tiew9Vii wrote: post #73

Must admit, reddit got me caring more about my finances. It seems not many people are taught about money properly. I certainly wasn’t and non of my friends where. I’ve always been good in that I never spent what I didn’t have and lived within my means. What savings I did have where in a zero interest current account though! Following the finance Reddit’s at least put me in the right path. 6-12 months cash savings now…

Do you mind sharing the subreddits?

/r/wallstreetbets

Re: Reddit has become a guide to personal finance

#89

Post by swarnie_ »

joaodlf wrote: post #3

Yes! I have learned tremendously about personal finance from ukpersonalfinance. For anyone based in the UK, please go and read the content at https://ukpersonal.finance/ , it is invaluable for your future. Financial literacy for the millennial generation is my #1 recommendation for general life improvement. It doesn't matter what situation you are in: in debt; with lots of savings; lack of credit options; etc... You…

As someone in the UK who has earned more and more over the last decade but never seems to actually have more i'm going to read this enthusiastically.

Re: Reddit has become a guide to personal finance

#90

Post by Double_a_92 »

willart4food wrote: post #75

If you want to see the future of Social Networks, look no further than Reddit. Reddit is the Future of Social Networks. The Next Social network, the one what will eat Facebook's lunch, just like Facebook ate MySpace's lunch, will not be people-to-people based, but it will be People-to-topic and topic-to-topic based; media-rich and mobile-friendly. And no, it won't be Reddit, too much Legacy crap with Reddit and not e…

Agree. I either want to talk to a community for each of my interests (on a subreddit or a dedicated forum) OR to a small group of close friends or family (messengers). Only rarely would I want to broadcast generic information / entertainment to everyone I know (facebook).

One platform I'm missing is one where I could (anonymously) talk to strangers in my area. To discuss or ask about locally relevant things, or just see what people that aren't my friends think. The apps that already exist seem to be always targeted at students.

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