Thu Feb 27 2025, by socialcapofficial

Self-Proclaimed Money ExpertsFinancial AdviceMarketing TacticsMoney ManagementOnline Courses

Why 99% of Self-Proclaimed Money Experts on Social Media Are Unreliable

I'm Tyler, a self-proclaimed money expert, and now I make content calling out other self-proclaimed money experts.

1. One Size Fits All Solutions

Number one, they often prescribe a one-size-fits-all solution to all of your problems. The thing is, you're not the person sitting next to you; even if you're the exact same age, you don’t have the same needs, wants, or risk tolerance. Strike one.

2. Marketing Over Money Management

Number two, they're not money experts, they're marketing experts. So, if you do want to learn something from them, learn how they're marketing, not what they're marketing. Strike two.

3. The Course and Subscription Trap

Number three, they’re selling you a course or a subscription service in order for you to access their real expert advice. But here’s some real expert advice from someone who's actually managed money for a living:

If you really want to be the first millionaire in your family, position yourself as a money expert, make some videos on social media, and sell a course to suckers. Teaching them how to sell a course to suckers.

Conclusion

In closing, I'm no money expert. Don't ever look at me as one, but I do know BS when I see it.

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