this post was submitted on 02 Nov 2024
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U.S. Personal Finance

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Get your financial house in order, learn how to better manage your money, and invest for your future. This sub is intended for U.S. audiences, since the types of accounts, taxes, incentives, and local economies vary wildly between countries. While the general principles here are applicable to everyone, most of the specific strategies and advice are only applicable to the U.S.

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  1. Posts must be a personal finance question or discussion with a descriptive title.

  2. No unhelpful, disrespectful, or excessively off-topic posts or comments.

  3. No asking for or offering of money. No transactions allowed of any kind.

  4. This is personal finance, so there will be some level of personal discussion. But it must relate to finance.

  5. No advertising of any kind. Discussing a service or product in a context-appropriate conversation is fine, but intentionally bringing it up to advertise is not.

  6. Particularly bad or dangerous financial advice is subject to be removed. Even if you think it's the best idea in the world, it goes against the purpose of the sub to allow you to convince others of it.

  7. This sub is a work in progress and these rules are subject to reinterpretation or revision at any time.

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This is pretty much true for every single person in every single financial situation. Whether you're a millionaire, or paycheck to paycheck, or homeless. You need to understand where your money is coming from and where it's going.

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[–] [email protected] 1 points 3 months ago

Budgeting software is a massive force multiplier. Here's a screenshot of my spending last month, categorized by my budget software. It's fairly high, because I had a large vet bill (which I was expecting and had saved for) and I got a bonus which went into my IRA. This is just an overview; you can go deeper into each category and see every single transaction.