If you're getting financial advice from TikTok influencers don't stop there
Learning to save and invest is more accessible than ever thanks to social media. But there are potential pitfalls, say personal finance experts — including influencers themselves.
Erin Confortini, 23, taught herself to budget and invest in college when she realized she didn't know much about personal finance — even as a finance major.
Now, she shares the details of her financial life with hundreds of thousands of people online.
In a recent video posted to TikTok, she tells viewers exactly how much of her monthly $2,773 paycheck goes into taxes, insurance and retirement: $520, $25 and $305, respectively. It's gotten more than one million views.
In the absence of a national requirement for financial literacy in high school, teens and twenty-somethings are seeking out ways to save, budget and invest. And social media, especially TikTok, has
