A financial tip on social media can look surprisingly convincing, especially when it comes wrapped in a confident voice, a chart, and a screenshot of somebody’s supposedly impressive portfolio. The problem is that a post can make a complicated money decision look as simple as ordering a burger.
That does not mean every financial creator is selling nonsense. Plenty of people use social media to explain investing, budgeting, credit, taxes, and retirement in accessible ways. FINRA reported in 2025 that 24% of surveyed investors said they received financial information from social media. The smarter move is not to stop listening. It is to get better at interrogating what you hear.
