The hottest Personal Finance Substack posts right now

And their main takeaways
Top Finance Topics
Day One 938 implied HN points 09 Mar 24
  1. Time is the most valuable asset as it cannot be created or bought back. Focus on utilizing your time effectively to reach your goals.
  2. Distractions such as social media, excess entertainment, and procrastination can hinder progress. Identify them and work towards eliminating them to achieve success.
  3. Prioritize learning from helpful resources and taking action. Choose a few key lessons to implement, banishing distractions until they become part of your daily routine.
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Snowball 550 implied HN points 28 Jan 24
  1. Tesla stock has dropped significantly, raising questions for long-term investors.
  2. The Chinese government aims to regain investor trust in their financial markets after a significant drop in the CSI 300 index.
  3. Generative AI is disrupting the entertainment industry, potentially leading to more immersive storytelling experiences.
The Better Letter 511 implied HN points 26 Jan 24
  1. Fear sells and makes money, driving many market predictions based on fear.
  2. Investors face fear daily, driven by narratives over data, making them susceptible to fear-mongering.
  3. Long-term investment is crucial; while fear may lead to short-term moves, the market trends upwards over time, favoring investment.
Snowball 471 implied HN points 23 Jan 24
  1. Learn about the Crédit Municipal de Paris, an institution with over 380 years of history providing various financial services.
  2. The Crédit Municipal offers services such as quick loans against valuable items, financial counseling, auctions, and ethical savings options.
  3. The institution aims to innovate and modernize its services, while maintaining a focus on social impact and financial empowerment.
Lore Ferguson Wilbert 2594 implied HN points 31 Aug 23
  1. Subscription models for writers can provide a way for readers to support them financially.
  2. Freelance writing often pays very little in relation to the amount of work that goes into it.
  3. Being supported by reader subscriptions can allow writers to focus more on their writing and less on social media and algorithms.
Good Reason 199 implied HN points 14 Jan 24
  1. Renting is now more financially sound than buying due to high mortgage rates and home prices.
  2. Renting may save money now, but high rents are still a burden on many, making it hard to save for a home in the future.
  3. The current housing situation reflects negatively on society, with both buying and renting becoming expensive options.
Snowball 825 implied HN points 14 Sep 23
  1. Consider investing children's savings in the stock market for long-term growth potential.
  2. Opening a brokerage account in your name to hold ETFs or stocks for your child and then gifting it to them can be a tax-efficient way to invest for their future.
  3. Ensure to handle legal aspects like declaring the donation to the tax authorities and consider equal distribution among multiple children to avoid inheritance disputes.
Shades of Greaves 275 implied HN points 13 Dec 23
  1. Owning a 'money pit' home comes with financial responsibilities like mortgage, property taxes, and maintenance costs.
  2. Engaging in DIY home repairs can save money but may take more time and effort than expected.
  3. Despite the challenges, owning a home allows for building relationships with neighbors and sharing experiences with other homeowners.
Austin's Analects 19 implied HN points 22 Mar 24
  1. The purpose of writing a newsletter evolved to creating authentic relationships with readers, rather than just growing an audience.
  2. Struggling to come up with content ideas? Use prompts like TED Talk topics, life events that made you stronger, or public bets you'd back up.
  3. Explore the original CrossFit workouts from the early 2000s, maintaining their essence even after 24 years.
Snowball 1650 implied HN points 01 Mar 23
  1. The savings rate of French citizens is 15.9%, consider your own savings.
  2. Understanding the basics of saving, the importance of putting savings to work in your budget, and determining the ideal amount to save.
  3. Tips for successful saving: set annual goals, make saving a habit, establish rules, track your savings, and create a balanced situation.
Austin's Analects 19 implied HN points 14 Mar 24
  1. Owning mortgage-free rental properties for each child is a smart financial strategy for the future.
  2. Traditional advice on protein intake might be outdated, with studies suggesting the body can absorb more protein per meal than previously thought.
  3. The unbundling trend seen with companies like Uber is now happening with platforms like Upwork, leading to more specialized niche service providers.
Austin's Analects 19 implied HN points 01 Mar 24
  1. Six-Word Memoirs offer a concise way to connect with others by describing yourself in just a few words.
  2. When planning your next career move, consider mapping out adjacent careers and necessary skills to see what roles align best with your interests and strengths.
  3. A simple 'reverse sear' method can help you cook a perfect steak every time: season, oven cook, sear, and rest to enjoy a delicious meal.
QTR’s Fringe Finance 27 implied HN points 14 Feb 24
  1. The Federal interest payments reaching $750 billion are a significant concern and a sign of a fiscal danger zone.
  2. Peter Schiff emphasizes the immediate threat of the national debt crisis, warning that the problem is not in the distant future but happening right now.
  3. It's crucial to shift the mindset from fixating on ideal dollar exit points to viewing gold as a form of genuine wealth preservation regardless of the dollar value.
Austin's Analects 19 implied HN points 22 Feb 24
  1. Stop worrying about things that haven't happened yet; experiences in life add value and help us grow.
  2. Identify as a happy person to reinforce that belief; control your environment and inputs to support a positive mindset.
  3. Follow a structured running plan to improve speed and endurance; consistency and hard work lead to strength and success.
The Better Letter 412 implied HN points 07 Apr 23
  1. Realistic retirement planning is crucial, especially considering the impact of debt and the average 401(k) balance.
  2. Advice on saving more and saving earlier is important, but should be realistic and consider individual circumstances.
  3. Retirement planning should acknowledge competing priorities and be approached with creativity and understanding, without judgment.
Technology Made Simple 159 implied HN points 16 Sep 23
  1. To be worth a million dollars, you can have a million dollars in cash, but it's rare and not always the smartest move.
  2. People can become 'millionaires' through equity, like stock compensation, where the value can fluctuate.
  3. Understanding tricks like using projections, earnings multiples, and fuzzy assets can help spot inflated valuations in the finance world.