What’s the most reliable social media platform? Your answer probably varies from what your parents or (adult) children would say. (1)
And actually, there’s no real consensus. Many of us turn to Reddit, YouTube, or TikTok to learn about money, yet we know influencers and advertisements don’t always speak the truth. Surprisingly, that doesn’t stop us from buying in to the financial advice we find on those platforms. (1)
Just know, understanding the risks of taking advice from online finance “experts” could stop you from losing big money.
Read about the 3 big risks of using social media for financial guidance in this month’s Visual Insights Newsletter.
To more informed decisions!
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