Abstract The rare-earth chalcogenide $ARECh_{2}$ family ($A =$ alkali metal or monovalent ions, $RE =$ rare earth, $Ch =$ chalcogen) has emerged as a paradigmatic platform for studying frustrated magnetism on a triangular lattice. The family members exhibit a variety of ground states, from quantum spin liquid to exotic ordered phases, providing fascinating insight into quantum magnetism. Their simple crystal structure and chemical tunability enable systematic exploration of competing interactions in quantum magnets. Recent neutron scattering and thermodynamic studies have revealed rich phase diagrams and unusual excitations, refining theoretical models of frustrated systems. This review provides a succinct introduction to $ARECh_{2}$ research. It summarizes key findings on crystal structures, single-ion physics, magnetic Hamiltonians, ground states, and low-energy excitations. By highlighting current developments and open questions, we aim to catalyze further exploration and deeper physical understanding on this frontier of quantum magnetism.