Many Gen Zers struggle with basic budgeting while being drawn to flashy, misleading financial advice on social media, undermining traditional financial literacy.
Financial leaders see the advice on social platforms as 'reckless,' worrying it might mislead younger generations who rely heavily on online content.
Matt Wolf states that 'Kids and teens are not going to sit down and read a personal finance book,' highlighting challenges in discerning credible information.
Despite skepticism around online financial advice, some influencers aim to educate their audiences on fundamentals through their personal experiences, offering valuable insights.
Collection
[
|
...
]