11

This has been covered before a few times on meta.SE: Should I answer off-topic questions? Is it bad to answer off-topic questions, knowing they are off-topic? Answer a question, then closed because off-topic. Delete my answer? If you believe that a question is off-topic, you should not answer it. If you have some information that might help the OP, you ...


11

This is a difficult question. Most questions about legal matters will have a financial component. And many questions about finance deal with laws. Where do we draw a line between what is appropriate for this site, and what is not? Here is what I propose: We should make questions about legal disputes off topic. By "legal disputes," I mean questions that ...


10

Ganesh has pointed out that they are explicitly prohibited in the help center. We could certainly change that if the community wanted to. I would be against such a change. We don't need any more reason to attract low quality posts. Allowing these discussions would attract people who are interested in pumping or shorting a specific stock. We don't need any ...


9

I question your premise of: [...] that questions about sole proprietorships are on topic. That's not completely right. Rather, small business and self-employment questions — including sole proprietorships — are on topic when they relate to the owner individual's personal income or compensation from the business, including how taxes (at any ...


9

The question you asked is a broad level economic and politics question. It is hypothetical as to what happens to Euro. Well it would depend on politics ... There was no Euro 15 years back. What happened to all the older currencies, there was a negotiated period, the rates were pegged initially and the over a period of time the older currencies were withdrawn ...


9

Questions based on books in general may or may not be on-topic, we have to look at the specific question. From my perspective, the problem is that the questions are really theoretical and don't seem to relate to any practical problem in Personal Finance that you actually have or might have.


7

In my opinion, this type of question is on-topic here. According to our on-topic help page, questions about sole proprietorships are generally on-topic. An example sub-category that is explicitly mentioned as on-topic is "When to incorporate to protect your work or assets." It follows that the pros and cons of incorporating your sole-proprietorship as an ...


7

No, they're off-topic - see https://money.stackexchange.com/help/on-topic: What about other money and finance related questions? Please note that the following subjects are considered off-topic here: [...] Requests for specific investment buy/sell advice; e.g. "should I sell X?" or "should I buy Y?" or "will X continue to go up?"


7

I'd suggest the politics stack. Despite "money" in our name, this is a personal finance stack. Not all money questions are on topic.


6

Re: "I wouldn't take swimming lessons from a guy who never went into the water and tried it himself." Well put. As the guy who had the, um, brilliant idea to start this place, I'll avoid speaking in the abstract and instead I'll actually give you some facts about my own situation: My family is debt-free. We have no outstanding mortgage, loan, or credit ...


6

I understand the question to be similar, but not identical, to the one you referenced. As with any open message board, you should do further research and not trust strangers. On the other hand, the nature of the scoring on the StackExchange site gives you a bit of confidence. The top rated two dozen of us have a collective excellent track record. And you ...


6

Once the StackExchange Law site finishes the beta stage I think we can be more strict about this and migrate them over to the other site if they are good questions that are too legal to be on topic.


6

I worry that we're a little quick to shut a question down immediately. I see plenty of examples where there is a warning that the question as written is off-topic, but I think it's okay to wait a bit or otherwise encourage changes that will make the question answerable and on-topic. I have answered off-topic questions when I think they have potential to be ...


6

As I just commented on the question, basic mortgage calculations are perfectly within the personal finance area of accounting.


6

We've had well-received questions along those lines in the past. This one comes to mind: Why are there income limits for Roth IRAs? However, as I said in a comment to that question, asking for the "why" in any tax law can be an exercise in futility, because the primary purpose of any tax is to generate revenue, and nothing is ever completely fair. ...


6

I voted to leave this question open the first time through the close vote queue. (It's in the queue again with 3 votes to close.) I don't love the question, so I didn't answer, but I do think it's a personal finance topic. The fact that it hit HNQ means there is a lot of interest in the topic. It's true that there is a strong element of opinion; that's also ...


5

Re: @C.Ross's comment "The answer is at -3, I think the system works." Yup! I'll go further: The answer is now deleted after three deletion votes from high-reputation community members. The system does work. IMHO, the expert that posted that answer should try to remember, while writing an answer, that the audience for this site is "people who want to be ...


5

Thanks for asking. For a small-business or self-employment accounting question to survive here as on-topic, such a question must typically be both: practical (i.e. not academic homework), and relate to the income of an owner individual. Accounting questions may also be on topic if they relate to how an individual investor might interpret the statements of ...


5

We can't all be Hemingway And that doesn't mean they are trolling. Looking at the intent of the person who hates being rated by a credit score, I'd categorize them as rugged individualist, not a pot-stirrer. Whereas the whole life insurance salesman was clearly trying to undermine the site and generate business. (There is a smaller chance that was a ...


5

I don't find this particular one too troubling. The scenario posed is clearly intended to be hypothetical and OP is essentially asking in a roundabout way "Is my credit rating important for reasons beyond obtaining loans?" I say it is valid and on-topic, plus it has a really good answer. The Life insurance salesman...that was a different story.


5

The homework part has not been addressed yet, so I'm making this a separate answer. There is no such thing as homework questions being invalid. Questions are either well or badly written, and on or off topic. So whether a question looks like homework is totally irrelevant, and gives the OP no information about what is missing in the question. Comments ...


4

There are many better measurements of financial literacy than accumulated wealth. Philanthropy, expensive lifestyles, folks who made mistakes and learned quite a bit during their recovery, people who manage money wisely and stopped before you would have because, hey, happiness is happiness. There are also some pure basics to financial health that aren't ...


4

Many legal questions fall into the categories of too general, or too specific to a single individual, to be a good fit for SE's stated mission . There is a middle ground of questions about general definitions and principles. So the mere mention of law isn't reason to close. But requests for legal advice (as opposed to "should I talk to a lawyer") ...


4

I agree with Ganesh. The mods did not vote to close, and it seems it would have been re-opened via voting as well. If those who voted to close do not return to the question itself, they are not very likely to read this meta question. I can't read minds, I can't really tell why they think it's off topic. It's a bit tedious, but it's the math behind ...


4

In my opinion, this question should be reopened. The question is about applying and getting approved for a credit card. This is a subject that is most certainly related to Personal Finance and is something we cover every day here. (The credit-card tag is our 6th most popular tag.) There was some concern in the comments that this question would be ...


4

I can't speak for the other mods, so this is my opinion. Questions that are off topic can be voted up, and hit HNQ (hot network questions, for the acronym challenged) skewing the voting faster and higher. That said, I agree this question was borderline, likely off-topic. Since I do not get a 'vote', only a binary ignore/close, I didn't act on it when it ...


4

The #1 problem with the question is that it is about contract law rather than personal finance. The correct people to answer such a question are lawyers and lawyers are found on Law.SE. The kind of people here are mostly people who care about questions of personal finance. Now, if you have a practical question on personal finance that turns on that ...


3

Since you are flagging, not voting to close, the reason that you pick is not very important. Those with the reputation to Vote to Close (3000+) can select the correct reason for closure. If, as in this case, none of the "quick close" reasons fits, they can select "Other" and type in a custom reason. We need to get this reason correct, as this will inform ...


3

First, it's interesting that my view is slightly different. What we have, as a stack, are 3 choices we (I mean the mods, but ultimately, that means the members) can edit. The first 3 as listed above. If the question should be migrated, that's a choice as well. There's also the "other", which is a fill-in-the-blank choice that others can agree with. For now, ...


3

I think this is clearly not on topic. The test is primarily, would an expert in personal finance be an expert on this question? And in that it clearly fails: expertise in personal finance likely makes you worse at answering this question if anything, as it makes you more likely to buy an intelligent car rather than a luxury car. The expertise to answer a ...


Only top voted, non community-wiki answers of a minimum length are eligible