Social media is full of financial influencers — or “finfluencers” — dispensing advice. On TikTok alone, videos tagged with #money have amassed more than 15.3million posts.

While most Americans get their financial advice from friends, relatives or professionals, a Bankrate survey found that roughly a third of U.S. adults have turned to social media for guidance. Within Generation Z, it was nearly half.

We scanned the most popular hashtags used by money-minded TikTokers and analyzed their top videos to determine the credibility of the information being posted.

How would you rate the recommendations? Take our quiz to see if you can spot the sensible advice from the foolish.

(Rafael Varona for The Washington Post)

Question 1 of 8

Use reward credit cards to save money.

(Rafael Varona for The Washington Post)

Question 2 of 8

Budget using the envelope system.

(Rafael Varona for The Washington Post)

Question 3 of 8

Buy a house for your baby.

(Rafael Varona for The Washington Post)

Question 4 of 8

You can make a good living without ever leaving home.

(Rafael Varona for The Washington Post)

Question 5 of 8

Everybody should be their own boss.

(Rafael Varona for The Washington Post)

Question 6 of 8

Everything is negotiable, from your salary to your rent.

(Michelle Singlerary/Rafael Varona for The Washington Post)

Question 7 of 8

Keep all your extra money in a high-yield savings account.

(Rafael Varona for The Washington Post)

Question 8 of 8

Everyone should be investing in cryptocurrency.

You need to answer every question to see your result. You’re missing questions 1, 2, 3, 4, 5, 6, 7 and 8.



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