74% of Viral TikTok Money Gurus Aren’t Qualified: Why Regulators Are Clashing with ‘Finfluencers’
the staff of the Ridgewood blog
Ridgewood NJ, A generation ago, personal finance was taught at dinner tables, in classrooms, or through trusted bank advisors. Today, millions of young adults are getting their financial education in 30-second clips on TikTok, Instagram, and YouTube.
While “FinTok” has democratized conversations around wealth building, a growing mountain of evidence suggests it is creating a dangerous playground for retail investors.
