Author Topic: Starting a site to teach ppl the basics of personal finance. What do you think?  (Read 1182 times)

zazpowered

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Hey everyone,

I initially started a site that would compare different investment platforms but after talking to friends and other people I came to realize that most people don't even know the basics of personal finance so investing is not even something that they are ready for.

Instead, I built a simple personal finance checklist that kind of helps you learn and start following some of the best practices when it comes to managing money such as setting a budget, paying off debt, managing credit and starting to invest. The site is https://senzu.io. I would love to get this community's feedback on it. Do you guys think this solves a real problem? Is the content too basic? maybe it's too advanced? I am targeting high school/college students or young adults 20-30 yrs old who are still getting a handle on their money.

Thanks in advance!
« Last Edit: February 15, 2017, 02:25:05 AM by zazpowered »

aceyou

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Mods: please check this site out for yourself if you feel like I'm bordering on personal attacks with this post (but if you do definitely give a fake name/email like I did).  I'm generally a very positive poster, but I'm skeptical and unhappy with what I see here. 

Ok zazpowered, you want our input, here we go...

I don't think our goal is education. I think you want to make money on affiliate links, and this is your angle.

Are some of the numerous links to banks, credit card institutions, and brokerage houses affiliate links?  Or do you receive compensation of any kind when people click on them or buy their products? If so, where do you clearly spell that out on the website? 

You state that you are targeting high school and college students, yet the very top credit card listed in your "best credit card" section is the Chase Sapphire Preferred card with a $450 annual fee.  For high schoolers/college students...is this some type of joke?

Your discussion forum seems to be another attempt to just push affiliate links...the first topic is you link to us to an Amazon Prime Rewards Card.

Then your 3rd link is a question posed about what individual stocks people like (probably posed by you or a member of your team), and you responded "Too many to list but my main ones are TTWO, FB, AMZN, NFLX, AAPL, GOOGL, IJR. I also use Betterment and Wealthfront."  How, in your opinion, do you feel like pumping random individual stocks is good for the education of high school and college students? 

"Do you guys think this solves a real problem?"  No, you are creating problems for every young person who checks it out. 

"Is the content too basic?"  No, you basically promote active trading of individual stocks to pure beginners, and then you ask us if the content is too basic.  Is this a joke! 




Heroes821

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Mods: please check this site out for yourself if you feel like I'm bordering on personal attacks with this post (but if you do definitely give a fake name/email like I did).  I'm generally a very positive poster, but I'm skeptical and unhappy with what I see here. 

Ok zazpowered, you want our input, here we go...

I don't think our goal is education. I think you want to make money on affiliate links, and this is your angle.

Are some of the numerous links to banks, credit card institutions, and brokerage houses affiliate links?  Or do you receive compensation of any kind when people click on them or buy their products? If so, where do you clearly spell that out on the website? 

You state that you are targeting high school and college students, yet the very top credit card listed in your "best credit card" section is the Chase Sapphire Preferred card with a $450 annual fee.  For high schoolers/college students...is this some type of joke?

Your discussion forum seems to be another attempt to just push affiliate links...the first topic is you link to us to an Amazon Prime Rewards Card.

Then your 3rd link is a question posed about what individual stocks people like (probably posed by you or a member of your team), and you responded "Too many to list but my main ones are TTWO, FB, AMZN, NFLX, AAPL, GOOGL, IJR. I also use Betterment and Wealthfront."  How, in your opinion, do you feel like pumping random individual stocks is good for the education of high school and college students? 

"Do you guys think this solves a real problem?"  No, you are creating problems for every young person who checks it out. 

"Is the content too basic?"  No, you basically promote active trading of individual stocks to pure beginners, and then you ask us if the content is too basic.  Is this a joke!

Well you are more brave than me Ace. I saw that url and simply said that looks too shady for me to even click on outside of a VM.