The Worst Financial Advice on Tik Tok

Comments · 2K

• NO

  @notmenotme614 · 2 years ago (edited)

  “Just ask for $1 from a million people”<br>There’s only 5,500 in my town. Most of whom I never see. I asked around if I can have a dollar and they replied “No”. Congrats I’ve made $4.36 from 24 hours of begging. 24 hours where I could have been paid to do a real job, earning a lot more $ per hour.

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• FA

  @FathersWitness · 2 years ago

  2 mil is my set for life number. I just need to find 2 million people to hand me a dollar

  966

• TI

  @TihetrisWeathersby · 3 years ago

  TikTokers just discovered fraud lol

  8.7K

• AC

  @ActionMan153 · 2 years ago

  These rich guys all have really cheap headphones on their $100 million podcasts.

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• AL

  @Alucula · 3 years ago (edited)

  Really, aren&apos;t we the ones committing fraud, by refusing to give that guy credit for his very comedic and satirical joke he was doing

  4.1K

• TO

  @tomw485 · 1 year ago

  <a href="https://www.youtube.com/watch?v=AzMrW4S0Znc&amp;t=41">0:41</a> This guy literally just described the exact blueprint for why so many people experience financial ruin during the 2008 financial ruin.

  621

• BR

  @breakingaustin · 3 years ago

  I love TikTok as an older person because you can slowly watch the younger generation discover things like fraud and money laundering as they grow up :)

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• TY

  @tyrannicalchocolate · 2 years ago

  That first advice guy talking about leveraging your mortgage debt to buy more houses - That exact strategy is how the 2007 Global Financial Crisis happened. It literally bankrupted billion dollar companies that were centuries old. Great advice man.

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• DA

  @dalmationblack · 3 years ago

  That lady selling her course about how to make money selling courses has the exact same energy as the &quot;How I Made $290,000 Selling Books&quot; book

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• VE

  @verb0ze · 1 year ago

  <a href="https://www.youtube.com/watch?v=AzMrW4S0Znc&amp;t=316">5:16</a> genius! If you were a successful beggar and averaged, let&apos;s say 100/day and did that everyday for 30 years, you could retire a millionaire, tax free! Don&apos;t spent a single dollar though.

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• BR

  @bradybimson9106 · 3 years ago

  As a lawyer 1) this video gave me an aneurism and 2) please don&apos;t do any of these things. Almost everything said here is a lawsuit or some kind of liability in which you will be sued eventually when the money is owed.

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• YO

  @Yolo-1020 · 1 year ago

  <a href="https://www.youtube.com/watch?v=AzMrW4S0Znc&amp;t=206">3:26</a> actually getting the line of credit is not the least accurate part about this dudes pitch. As soon as you mix business and personal assets (ie use business money to buy a personal use asset such as a watch) you have done something called “piercing the corporate veil” and the cool thing is that your creditors can now “pierce the corporate veil” as well and go after your personal assets to pay off your business debt.

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