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How to learn about managing your money on TikTok

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Social media application Tik Tok is displayed on the screen of an Apple iPhone.

Chesnot | Getty Images

Americans have a financial literacy problem: 63% of Americans are financially illiterate, according to a survey from the Global Finance Literacy Excellence Center.

This is not surprising when you consider that only six states require high-school students to take a personal finance course. But there is hope, and it comes from an unlikely platform: TikTok. 

Owned by Chinese conglomerate ByteDance, TikTok is having a moment. Most of the content produced on the platform is lighthearted and easy to consume like lip-synch singalongs or viral dance moves. Clips are limited to a 60-second…



Source cnbc.com

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