Are Finance Youtubers Making You Poor?

in #hive-1776822 years ago

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In the Internet age, there are currently many ways to get educated and specially educated in FINANCE. Still, you should know that not all that glitters are gold, and not all advice you get on the Internet is something you should abide by and something that comes more than often is Advice from several Financial Youtubers, and yes most of them is something that you should listen through one ear and just let it go but there are indeed some Financial Youtubers that do give out sound advice but you personally have to make a decision which advice you want to incorporate into your Financial Journey as Personal Finance is PERSONAL for a reason and something that works for someone may not work for every single one of you.

I am making this post as recently there has been a trend of Financial Youtubers getting called out for repetitive content and that is true as Finance is basically something that you have to develop into a habit and if you are concerned by the fact that Finance Content is not new every single day then you are gravely mistaken as Finances are something to learn and not to enjoy as your Daily Soap so scrutinizing Financial Youtubers just because they say the same thing, again and again, is just not justified.

The second thing that users are getting angry about is the disclaimer part where the Financial Youtubers say that what they say is not financial advice and people are angry about this as they feel like they are not standing tall with what they speak and that is because of SEBI as according to the rules of SEBI Financial Advice is only to be given by Regulated and accredited Financial Advisors and that is the reason they give out that disclaimer.

Now I will say that there is indeed a lot of Financial Content that is just dogsht but you personally have to shift through all that sht to get to the good content.

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Financial advise should be careful Investigate before putting in our fund's, some financial contents out there is just to get views while it says nothing reasonable to the ear.