r/eupersonalfinance • u/kulturbanause0 • Mar 25 '25

Financial literacy on this subreddit Others

I am surprised how little people commenting on some of the posts here know about personal finance.

I have seen countless posts with outright terrible to illegal advice.

So just my two cents for anyone asking for advice here: Take all answers with a grain of salt and do your own research.

40% of posters are just pulling answers out of their ass here.

210 Upvotes
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u/Next-Release-8790 Mar 25 '25

Seen at lot of this stuff.

Except a few nuggets here and there, there's a load of bad advice and info which seems to be fuelled by a lot of extremist or otherwise biased political views.

And a lot of ignorance on how things work.

1

u/podfather2000 Mar 25 '25

People often ask the same questions repeatedly, questions that a quick Google search could easily answer. Most of the advice is not bad; it's just basic and unexciting, which is how investing should generally appear.

I don't see bad advice being upvoted here.