TikTok Products That Are Actually Worth the Money

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 19 April 2023

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

TikTok has become not only a popular social media platform, but a popular place to find trending new products. Are any of them actually worth it? Let’s find out! Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to the next level: become a client Subscribe on YouTube for early access and go beyond the podcast Connect with us on social media for more content Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Are you wasting your hard earned dollars?
0:03.0	Well, we're going to find out today, or at least give you maybe a better idea of what
0:13.1	might be worth it and not when it comes to some of the crazy products that we see online.
0:17.6	You know, social media has become, I mean, really just like routine for so many of us.
0:22.1	You don't have it.
0:23.1	We keep up with our friends.
0:24.1	We follow people.
0:26.3	But for instance, in particular, TikTok and Instagram have become some of the largest
0:31.2	platforms for selling and shopping and e-commerce.
0:34.8	And we actually have some stats to kind of show you how crazy that is.
0:39.2	So 40% of young people go to TikTok or Instagram when looking for a place to eat.
0:47.7	Instead of going to Google Maps or like just searching on Google, which is wild.
0:51.5	No, I think that's significant.
0:52.7	I think this is crazy, right?
0:53.7	Because you and I are of the age.
0:55.4	We kind of were around when social media came into being.
0:58.6	Yes.
0:59.6	Hearing people say this, like, hey, if I want to look for a restaurant recommendation, if
1:03.4	I want to think about where to go, the first spot that I'm going to go is go look at TikTok
1:09.3	or go look at Instagram, I don't like that, right?
1:12.5	Like that just, I, I, I, I, doesn't compute.
1:14.5	But what it does show us is that people are using these things to make decisions.
	...

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