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Talzon70 t1_ivvk3nw wrote

Reply to comment by techfinanceguy in [OC] Who Targets You? Top Contested Facebook & Instagram Ad Audiences in US 2022 midterms by fabiofavusmaximus

Makes sense to me.

Finance is about systems and the overall economy. People who work in finance or are interested in finance are generally more educated. Not to be too spicy, but most people interested in finance are smart/educated enough to know the Republican economic policy is terrible for the economy.

Personal finance is about personal responsibility. Most of the advice boils down to "start rich and/or save your money, then all you problems will magically be solved, if that didn't work, you weren't trying hard enough". It's big with the small business and "temorarily disgraced capitalist" crowd. It plays pretty strongly to the Republican base.

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OfficialXYZ t1_ivvx67s wrote

This might be the most biased and delusional comment I’ve ever seen in my years on reddit. Do you think that personal finance provides no value to those that weren’t born rich?

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Talzon70 t1_ivw147f wrote

>Do you think that personal finance provides no value to those that weren’t born rich?

Of course not. Saving for the future is very useful even for poor people, it's just not exactly groundbreaking advice and it's not enough to fix all your problems within the context of being a poor person in America.

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buzzzzz1 t1_ivw84ov wrote

This exactly what I would expect to hear from someone that is not in finance, never owned a business, and has a net worth south of $100k.

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Talzon70 t1_ivwjxsj wrote

Well you're correct that I'm not in finance. Wrong on the other two.

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Malohdek t1_ivvsz22 wrote

This is so biased and wrong I don't even know where to begin. Personal finance is about cutting away your vices, and spending on what's important first (Like rent, food) and then spending what's left on your personal luxuries and savings.

This is such a fucked up comment dude. I know you've got a political bias, and that's completely okay. But to misuse the opposing argument is a strawman at best, and just generally disingenuous.

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Creative_Elk_4712 t1_ivvtuj2 wrote

Jeez not a hint of exaggeration here…if I could keep track the number of people that say “fucked up” about anything on Reddit I would have a real talent.

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DividedContinuity t1_ivvujt3 wrote

Some interesting definitions of "personal finance" all around. I'd suggest personal finance is topics like pensions, cost of living, mortgages.

Basic budgeting, which you seem to be referring to here is condescending at best to assume others are dumb enough to have it as an interest. Its so basic its like targeting advertising on people who use the alphabet.

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Talzon70 t1_ivw2x8s wrote

You also have to keep in mind that this is personal finance in the context of Instagram/Facebook.

Like I actually value personal finance for myself, but I'm not getting any of my personal finance information from these sources. Much of the personal finance content on these platforms is just wealth porn, hustle culture, and get rich quick scheme type stuff.

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