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The Pros and Cons of Getting Your Financial Advice on TikTok

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Date: 2021-05-06 17:03:45

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Many of TikTok’s users are teens and young adults in their 20s and 30s. Some say the platform has successfully curated financial advice that was previously less accessible to younger consumers, but financial professionals and TikTok creators alike warn that not all the advice will be solid. Here are the pros and cons of relying on the short form video platform for your budgeting and investment strategies. 

1. Pro: Relatability

There aren’t many financial education resources created with millennials and Gen Zers...

Original Source: https://www.wsj.com/articles/the-pros-and-cons-of-getting-your-financial-advice-on-tiktok-11620320666