Don’t mind me, I’m just still angry that, apparently, learning the Pythagorean theorem was more important than learning about high-yield savings accounts.
School might’ve given us great opportunities to learn a wide array of subjects. But for many people, finance was not one of those topics. And, in true TikTok fashion, users have been creating videos that seek to fill in some of those holes.
NGL, some of the money advice we found on TikTok was actually pretty solid. We did the research to make sure the facts presented really were facts. However, keep in mind that there is no one-size-fits-all when it comes to personal finance. Before making any big decisions, you should ALWAYS do your own research and consider your own situation as it relates to your financial goals.
Here are just a few TikToks you might be able to learn from:
This video from @sarafinance on a couple of ways to build a healthy credit score:
This video from @paydaypursuit on some practical ways ~young adults~ can get started on their personal finance journey:
This video from @themoneymovement giving a crash course on what the heck a mortgage is:
And this video from @vanessaaragonrealtor that walks you through how much you REALLY need to save to buy a property (hint: it’s actually more than you think):
This (adorable) video from @yoquierodineropodcast giving brief a overview of some common investing accounts:
This video from @kianadanial that perfectly sums up what an emergency fund is and why you should probably start building one ASAP:
This video from @calltoleap that breaks down the difference between a credit card and a debit card:
This video from @marktilbury on some ways to use credit cards responsibly:
This video from @projectaeronaut that introduces this positively revolutionary idea that 22-year-olds don’t need to drive the newest, fanciest car:
And this video from @itsjossfitness that gets real about the true costs of buying an expensive car:
This video from @femme_financial explaining this thing called a high-yield savings account and how it could give you a better return on your money:
This video from @budgetbrospodcast with a clever yet digestible way to save a little money every day:
This video from @spencer.barbosa describing some smart “hacks” for how to save money as a student:
This video from @spencerhochhaus that shows (rather than tells) the value of sweet, sweet compound interest:
This video from @grahamstephan on the ups and downs of the stock market:
This informative video from @yourrichbff on the pros and cons of Roth IRAs (individual retirement accounts):
And, this handy-dandy walkthrough video from @jamie.biz on just how easy it is to set up a Roth IRA:
This video from @cedonifrancis with a few ways to get a head start on your financial future while you’re still in college:
And finally, this video from @delyannethemoneycoach explaining the basics of a 401(k) account and company matching:
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