Short On Cash? 10 Sub-Reddits That Will Teach You Everything You Need To Know About Being Frugal

10 sub reddits

If you think Reddit is all about cute cat pictures and geeky American keyboard warriors, think again. Reddit is also home to a cornucopia of communities, or ‘sub-reddits’, that are actually useful in real life.

Some of the best of these are the boards concerned with frugal-living and are absolute God-sends for anyone who is a little short on cash. Below, we’ve rounded up 10 of the best which, when combined, will teach you everything you need to know about keeping on top of your finances and staying in the black.

Dear prudence, here we come!

1. /r/Frugal

The biggest community of frugal-minded folk on the web, r/frugal is over 220,000 readers strong and an excellent knowledge-base for not only monetary thrift but also frugality of time, convenience and more. Each week sees the community focus on a distinct theme; food, winter-planning, getting ready for college… the frugal possibilities are endless!

2. /r/DIY

paint

DIY is one of the best ways to save money; would be cash-savers just need to put in a little extra time and effort to learn a new skill. Luckily, r/DIY takes most of the pain out of researching things like learning how to make repairs to your home, furniture or cars. Post your DIY project to the board and community members will jump in with tips and walkthroughs, answering your exact queries and easing the learning curve no end.

3. /r/FinancialPlanning

R/financialplanning is an unerringly friendly digital space where you can ask questions about personal finances, budgeting, income, retirement plans, insurance, investing, general frugality… okay, so it’s not the most exciting online community in the world but it’ll certainly help you save a heck of a lot of money.

 

4. /r/thrifty

earth

Not only are the guys and gals at r/thrifty some of the most prudent on the web, they also promote a noble way of living that could one day save the planet. They are just as interested in saving the environment as they are in saving money and host a ton of tips that sit at the confluence between the two. Anybody who looks at their energy bills each month and shrieks in impoverished despair will find this sub-reddit most helpful.

5. /r/simpleliving

siple

Our lives are cluttered with unnecessary possessions and habits, many of which do little other than drain money from our bank account. This sub-reddit is a wonderful source of inspiration for anyone wanting to try out living a “simpler, saner life,” – there’s advice and guidance on everything that will help you to make the transition from frantic 21st century stress-android to a model of Zen garden-esque peace and frugal tranquility.

6. /r/BuyItForLife

Buying things over and over again because they’re cheap, no matter how tempting and easy to do, makes zero financial sense. This community is teeming with people who know about durable products that you only have to buy the once. Take advantage!

7. /r/investing

cash

The best way to stop yourself from spending the money in your bank account is to put it somewhere you can’t touch it. Investment is an excellent way of doing this, helping you to save the money you’d be spending on unnecessary rubbish and make extra dosh in the process – if your investment turns out to be sound, that is. This sub-reddit will give you everything you need to know about getting started in the stock market, which investments will make you a pretty penny – and which ones to avoid.

8. /r/personalfinance/

Learn how to manage both money and debt for the long and short term in this sub-reddit. The community is a sprawling residence for resources relating to job salary queries, organisational apps, fund management and much, much more.

9. /r/frugalfemalefashion

fashion

During periods of prolonged frugality, your wardrobe is usually one of the first things to suffer – but it doesn’t have to be. This community will give you a line on zillions of coupons, sales and discounts that will help to keep you on trend and on a thrifty budget.

10. /r/frugalmalefashion

And don’t forget about the guys either – this sub-reddit does exactly the same as its sister community, just for men.

Do you know of any other great frugality-focussed resources out there on the web? Let us know in the comments below!