We live in a social world. It has created a way for people to share about all sorts of stuff. This information that people are producing can range from simple tasks to complex strategies. There is no shortage of financial advice that gets shared across social media platforms as well.
However, some of this information is dangerous because of the lack of understanding of the topics that are being presented. Most of the time it's individuals who are sharing totally made up information and positioning it as fact. Because money is a complex subject, a lot of people can't tell the difference.
So, in this episode, Derek will break down four of the most egregious pieces of financial advice that he has come across on social media lately. Hopefully this will help you avoid a big financial misstep, or even worse, committing and unknown crime.