Financial TikTok (#FinTok) promotes money-saving trends, but experts warn they may not be sustainable.

Financial TikTok, known as #FinTok, has become popular for Gen Z seeking financial advice. While money-saving trends such as "loud budgeting," "cash stuffing," and "no-spend" challenges can encourage saving, experts warn they may not be sustainable in the long run. Instead, a focus on establishing consistent, sustainable financial habits and budgeting practices is recommended.

June 02, 2024
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