Terrible Tik Tok Credit And Finance Advice PART 2

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  • Опубликовано: 2 июн 2024
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Комментарии • 28

  • @kiely4561
    @kiely4561 Месяц назад +22

    Never take financial advice from someone with facial hair that could be licked off by a cat.

    • @katconnor6422
      @katconnor6422 Месяц назад

      That should be cross stitched on a pillow! 😅

  • @Adiscretefirm
    @Adiscretefirm Месяц назад +8

    I like the confidence in Dad employer that the 500 is going to rise 10% forever and that 4.5 apr is a permanent rate on savings

  • @lifeofsui3864
    @lifeofsui3864 Месяц назад +6

    Thats a pretty bold plan to assume that we will have 4.85% interest for the next 18 years......

  • @sewwfffyhjijui
    @sewwfffyhjijui Месяц назад +2

    Never take financial advice from someone who sells a course. They actually make their money from the course that gives you advice you can find for free online.

  • @joestewartdrums
    @joestewartdrums Месяц назад +4

    God help us all.

  • @seanmcooke
    @seanmcooke Месяц назад

    "It's kinda bad..." Wow! That snapshot of growing debt made me nauseous!

  • @nysy97
    @nysy97 Месяц назад +2

    A Band is 1000.00 dollars, LOL

  • @SC_XOLOs
    @SC_XOLOs Месяц назад +2

    If it’s in tiktok, it has to be 100% real ! Influencer won’t lie 😅

    • @sewwfffyhjijui
      @sewwfffyhjijui Месяц назад

      True. I've never once seen an influencer lie. /s

  • @UTubeVidWatcher
    @UTubeVidWatcher Месяц назад

    The guy in debt has $69k in credit card debt, and he also has $172k in student loans and a $13k auto loan but why did he put $8k on the Amex Platinum, WOW?!? His credit score is 560 and everyone is telling him to file for bankruptcy and he is about to burn several banks.

  • @pineappleroad
    @pineappleroad Месяц назад +1

    I’ve never heard the term “bands” used before
    Although there again i do live across the pond (although the country where i live does have an unofficial term for 1000 in money, and also an unofficial term for 1 in money)
    Oh, and ATMs where i live won’t let you withdraw more than about 250-300 per day (i even found one ATM that would not let you withdraw more than 50 in one go, but that ATM was a bit weird as it only dispensed 5s, and funnily enough most ATMs where i live only dispense 10s and 20s)

  • @ohcrapitsxfox
    @ohcrapitsxfox Месяц назад

    You mentioned something about balance transfer cards, can you make a vid about them? Or how they can be used, for best utilization?

    • @TheCreditShifu
      @TheCreditShifu  Месяц назад +1

      Yes, we have that video already shot, coming soon

  • @jester1cp
    @jester1cp Месяц назад

    A band used to mean 5000 dollars.

  • @jasonlaw1079
    @jasonlaw1079 Месяц назад

    Not sure that he would ever get approved for 0% APR cards with 70k in debt. I think his angle is that he's using the debt to become an influencer and get income/donations from that.

  • @Shawn-zg6ok
    @Shawn-zg6ok Месяц назад

    A child model can reasonably make $1,000/month in the right circumstances. Does a celebrity making over $1,000,000/year from photoshoots have some special talent that children can't replicate? Pay is based off of reasonable pay, if another employee generated the same level of value, a child can be similarly compensated. For RUclips that would likely translate to how much revenue a channel makes and the degree the kid contributes to the content.

  • @slickrich1993
    @slickrich1993 Месяц назад

    #3 is pretty decent advice he just needs to be more clear and let everyone know that there is more to it than what he is saying

  • @JDelta87
    @JDelta87 Месяц назад

    Those content clips are sad to watch knowing people are falling for them.

  • @sewwfffyhjijui
    @sewwfffyhjijui Месяц назад

    8:51 this guy is known as Legacy Investing Show and he always gives bad financial advice. He supposedly makes money through his properties but also has a financial course that doesn't give actual advice. In one of his videos he said that you can still get a mortgage with a 560 credit score. That is how the 2008 financial crisis started and he wants to do it again.
    Another youtuber who gives terrible advice is John Liang by never actually getting to the point in his shorts. He always makes the skits really long and gets cut of mid sentence before he can explain the advice. He also sold out his fans for multiple financial services that are really risky and never uses.

  • @randomaccount9212
    @randomaccount9212 Месяц назад +4

    I hate TikTok. Hope it gets banned

    • @Bonercondoner
      @Bonercondoner Месяц назад

      I don't. It's a containment for stupid people. If you ban it, it would mean that the stupid people would go to other sites and spread their dumb opinions.

  • @FinickyHorseGameStudios
    @FinickyHorseGameStudios Месяц назад

    😂

  • @mitchparker3323
    @mitchparker3323 Месяц назад

    Comb your hair. Lol. You look like you popped up out of bed to make a video. Haha

  • @LiamRichie825
    @LiamRichie825 Месяц назад

    I don’t deal in this kind of language. 38 going on 88

  • @joestewartdrums
    @joestewartdrums Месяц назад +2

    God help us all.