More Americans Are Turning To TikTok For Financial Education

RADICALFIRE.COM

Floral

Americans looking to fill this void are turning to the internet to source financial info, but obviously, some sources are better than others.

In particular, TikTok has become a go-to source for personal finance tips.

A staggering 80% of Americans aged 18 to 41 reported sourcing financial advice from social media.

Americans tend to turn to each other in search of information. When it comes to personal finance, that’s a great place to start — but it shouldn’t be the end.

Many such topics are far too complicated to be explained in a single 60-second video.

Not all TikTokers are trying to mislead you — but they will have a completely different set of circumstances than you do.

So, while TikTok can be a useful source of financial information, be sure to conduct your own research or even contact a professional before making any major decisions in regards to your finances.

Floral

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