Reacting to Personal Finance TikToks – What's Actually Good Advice? Part 1

Ever wonder if those finance TikToks are actually teaching you something useful—or just rotting your brain? I’m Ghanee, a creator at Step, the mobile banking platform on a mission to improve your financial future. In this video, I react to popular TikToks about budgeting, credit cards, extreme frugality, lending money to friends, and more. 0:00 - Intro 0:21 - Spending $8,000/month 1:40 - No Spend Day 4:39 - Debit Cards Are Dangerous 6:19 - McDonald’s Price Inflation 7:51 - Why Credit Scores Matter 9:05 - Lending Money to Friends 10:42 - School of Hard Knock / Poem Reaction 12:39 - Final Thoughts & Conclusion Step is the safe and easy way to build your credit̍ for free and get more from your paycheck with unlimited cashback on purchases. This is banking the way it should be. What are you waiting for? Download the Step app to get started. Get started at step.com now. *This content is for informational purposes only. Nothing in this post constitutes investment, financial, tax, nor legal advice. Consult your investment advisor, accountant, or legal counsel regarding your particular circumstances. *Your Step account is not an interest bearing product. The savings percentage is not interest, but instead earned as cash rewards funded by Step. The rewards, if calculated as an APY, would be 3.00%. This percentage is variable and may change over time. See terms for more detail. Requires Step Black enrollment, either through qualifying direct deposit or paid monthly membership.