Where to start learning about money from scratch
The internet's overwhelming amount of financial information leaves beginners completely paralyzed, unable to figure out what deserves their attention or what action to take first. Lacking real-life role models, people who are already underwater struggle to learn basic money management. This prevents them from building financial stability and keeps them worrying about whether their lights will get cut off.
What people tried
Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.
- 1Searching online for hours without a clear direction
- 2Trying to revive a previous income source out of urgency
- 3Turning to online communities for advice
- 4Looking into manifestation and wealth mindset concepts
- 5Following personal finance wikis and flowcharts
- 6Reading basic books like 'A Simple Path to Wealth'
In their words
Unedited, grouped by where they were said, most upvoted first within each place, each linked to the thread it came from.
“what can I do to put myself in a position where I am substantially wealthy or even just rich I just have one child I’m not really in relationships I just want enough to not have to worry about if my lights are gonna get cut off or if I can pay a bill”source ↗
“I don’t have anybody in my life who is rich or wants to be rich so I don’t see anybody doing the work around me and that’s why I came to Reddit.”source ↗
“being a financial illiterate in my 20s. It’s such a simple concept that’s so hard to visualize when you’re underwater though.”source ↗
“I’ve never consciously learned how to create different income sources, recognize financial opportunities, build stability, manage money well, or create a larger financial system around my life.”source ↗
“The internet is overflowing with information, and that’s part of my problem. I can search for hours and still have no idea what deserves my attention or what action should come first.”source ↗
Where this came up
People with this problem also raised
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- 26How to start investing with very little money
- 7How to find a simple all-in-one bank and brokerage
- 4How to financially prepare for an impending tech or marketing layoff?
- 4What are the 101s of basic home maintenance?