🏦 Wisdom Wednesday with Viva Financial 🏦

One is based on personal experiences and the other is grounded in theories. As the digital age reshapes traditional norms, a dramatic shift in the sources of financial advice is emerging among young investors. Betterment, a leading online investment company, recently surveyed 1,200 investors from Gen Z to baby boomers about their preferred sources of financial information. The study revealed a fascinating trend: more than half of Gen Z and millennial investors are receiving financial advice from social media.

Social Media Influencers vs. Financial Advisors

 
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