Caixin
May 06, 2024 02:03 PM
TECH

How TikTok Is Wiring Gen Z’s Money Brain

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TikTok promotes Taylor Swift’s latest album in New York on April 28.
TikTok promotes Taylor Swift’s latest album in New York on April 28.

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By Julie Jargon and Ann-Marie Alcántara

(The Wall Street Journal) — Americans under 30 get much of their news on TikTok. They hear about money there, too, and that’s shaping the way they save, spend and view their financial prospects, young adults and economists say.

Caitlyn Sprinkle, 27 years old, describes her TikTok feed as a mix of economic gloom and consumerism gone wild. There are Dave Ramsey TikToks that warn of the evils of debt, followed by influencers showing off their shopping hauls of skin-care products and handbags.

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