If you pledged to improve your financial habits in 2022, welcome to the club! But if you’re yet to actually implement anything well into the month of January, that’s ok — we reckon you’re in the majority. After all, there’s only so much fun to be had when it comes to personal finance. And when any life admin is involved, it’s easy to avoid tedious tasks like budgeting or organising our bank accounts by opting to mindlessly scroll through apps until the sun starts setting instead. Luckily, there’s one app where all that scrolling could actually teach you a thing or two about money: TikTok.
From investing to staying on top of debt and negotiating pay rises, there’s a lot to be learned in the depths of TikTok. And if you’re someone whose eyes glaze over at the mere thought of having crypto explained to you by some suit-wearing Finance Bro named Jared, then no worries. Some of the best financial advice on TikTok comes from those in the know that deliver extremely useful information, sans all the jargon, obscure graphs and ego.
Ahead, here are some of our go-to TikTok accounts to follow for easy, accessible tips on managing your money.
@herfirst100k
Tori Dunlap not only advocates for financial equality but also arms her followers with the practical knowledge they need to actually develop their financial literacy and confidence in negotiating. For those reasons, she’s also a great follow for work and career advice.
@queerd.co
Ellyce Fulmore is a Queer and neurodivergent financial educator who is a great resource for no-nonsense explainers on what to do with your money — no matter how much or little you have — and is always sharing incredibly nuanced takes on how money matters impact different people.
@amoochlife
When we see information about budgeting, a lot of the time the content is targeted at people on the higher-income spectrum. But Mooch is a great resource for those looking to meet their goals and contribute to a nest egg but might not be raking in the dough. Not only will you find great budgeting tips on their page, but useful lifestyle tips for cheap meals and other ways to save money.
@krish.kara
One way in which we get held back from thriving financially is by getting bogged down by age-old stigmas around money being too complicated to approach as a regular person. This is why people like Krish are here to help. On his page, you’ll find everything from ‘myth-busting’, tricks and rules to follow if you’re trying to save money, and tips so you know if you’re getting ripped off with your phone plan or rental agreement.
@breakyourbudget
Michela of @breakyourbudget knows all too well that it’s one thing to know about finance (she has a degree) and another thing to actually apply that information to your own life. That’s what she likes to break down practical ways to save, budget and manage your savings to meet your goals in a realistic way. She also shares resources such as budget templates that are amateur-friendly.
@pricelesstay
Taylor Price is an investing queen whose content is great for those seeking tips and tricks that the average person can actually understand. Whether you’re an intermediate investor or just starting out, there’s plenty of information to soak up — all in beautifully concise, bite-sized reels.
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