How Social Media Influencers Are Educating Gen Z on Financial Literacy

How Social Media Influencers Are Educating Gen Z on Financial Literacy
Cover Image Source: TikTok influencers are making millions | Pexels

A growing trend has emerged in recent times: Gen Z influencers sharing financial wisdom and investment advice with their peers. Many creators have amassed large followings by providing actionable investment tips and advice to their audience. As young adults increasingly recognize the importance of financial literacy, these TikTok influencers are seizing the opportunity to educate their audience on the basics of investing. However, beyond the altruistic motives lies a lucrative earning potential for these influencers.

TikTok logo | Getty Images | Photo by Dan Kitwood
Image Source: TikTok logo | Getty Images | Photo by Dan Kitwood

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TikTok has evolved from a platform primarily focused on entertainment to one that also serves as an educational resource. Influencers, particularly those from Gen Z, have recognized the power of leveraging their platform to educate their peers on financial literacy, including topics like budgeting, saving, and investing.

With the rise of commission-free trading apps and accessible investment platforms, Gen Z is growing increasingly interested in learning how to navigate the world of finance and investment, with 44% swinging towards using fintech over traditional brands, and they demonstrate an eagerness to learn about finance with 35% having attended a financial education seminar or lecture voluntarily. 

Representative Image | Pexels | Photo by Tima Miroshnichenko
Image Source: Representative Image | Pexels | Photo by Tima Miroshnichenko

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Monetization Opportunities for Financial Content Creators

Influencers on TikTok earn their income through various channels, including brand partnerships, sponsored content, affiliate marketing, and creator funds. Brands seeking to reach Gen Z audiences are eager to collaborate with influencers who can authentically promote their financial products or services.

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Moreover, influencers can earn commissions by promoting investment platforms or products through affiliate marketing arrangements. The TikTok Creator Fund, which distributes funds to eligible creators based on video performance and engagement metrics, provides another avenue for influencers to monetize their content.

Pexels | Photo by cottonbro studi
Image Source: Pexels | Photo by cottonbro studio

Earning Potential for TikTok Influencers Teaching Investment

The earning potential for TikTok influencers can vary widely depending on factors such as audience size, engagement rates, and content quality. Influencers with large followings and high engagement levels are likely to command higher rates for sponsored content and brand partnerships.

An example of one such successful influencer is @investmentjoy, whose series on investing versus taking money has garnered over 24 million views. Now, the creator has over 3.6 million followers.

Recently TikTok announced that every account belonging to a user below age 18 have a 60-minute daily screen time limit automatically set. Getty Images | Photo by Matt Cardy
Image Source: Getty Images | Photo by Matt Cardy

Influencers who establish themselves as credible sources of financial advice may attract premium sponsorships that align with their expertise. While precise earnings can be difficult to quantify, top TikTok influencers in the finance and investment niche have reported earning thousands of dollars per sponsored post or partnership.

Brands, on the other hand, need to understand these dynamics and Gen Z’s inclination towards engaging, digital content to build effective TikTok marketing strategies. Moreover, with anxiety about money and personal debt being a major stressor for 81% of Gen Z, influencers that provide valuable financial knowledge could gain a loyal audience.


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