Personal Finance

2 discussions in Personal Finance · RSS

Best Finance Subreddits for Personal Finance, Careers, and News

The best finance subreddits are r/personalfinance for broad personal finance advice and r/finance for wider financial news and views. r/personalfinance covers budgeting, saving, debt, credit, investing, and retirement planning. r/finance focuses on financial news and views. r/Money covers personal finance, investing, saving, and other money topics. r/FinancialPlanning focuses on personal finances, budgeting, income, retirement, insurance, and investing. These communities fit users who want broad help with money planning. Users facing financial hardship can turn to r/povertyfinance for financial advice, frugality tips, and guidance. Users planning careers in finance can join r/FinancialCareers, while r/financestudents focuses on recruiting, internships, and career advice for finance students. Users who want market and economic discussion can read r/FluentInFinance, which covers investing, personal finance, stocks, real estate, crypto, economic policy, and current events. r/NoFilterFinance focuses on finance, economics, and stocks with unfiltered analysis. The communities vary in size and focus. r/personalfinance has 21.8M members, r/finance has 2.1M, and r/povertyfinance has 2.8M. Smaller focused groups include r/NoFilterFinance with 18K members and r/financestudents with 35K members.

Aug 21, 2026

Finance

How Much of Your Savings You Should Invest First

You should invest your savings only after you build an emergency fund and pay off high interest debt. Keep three to six months of living expenses in a high yield savings account before you put money into the market. You need to keep funds for short term goals in a savings account instead of the market. If you save money for a down payment on a house, you should not invest it. The market can drop and reduce your rent or purchase money. Once you have your emergency fund, you should avoid a large cash balance in a savings account. You can miss out on market gains if you leave excess cash there. One user noted that a 110,000 dollar balance in a high yield savings account means you miss out on investment growth. You should follow a specific order when you invest. First, contribute enough to your employer 401k to get the full company match because this is free money. Next, maximize your Roth IRA contributions for tax advantages. If you have a Health Savings Account, you should max it out because it offers triple tax advantages. After you max out your tax advantaged accounts, you can open a taxable brokerage account. Users recommend broad market index funds or exchange traded funds like VOO or VTI. When you start early, compounding grows your wealth over time. Small monthly contributions help you avoid larger investments later in life.

Aug 18, 2026