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What Financial Experts Won't Tell You About Money With Morgan Housel

Erika Taught Me

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Is Social Media a Good Thing for Personal Finance?

Sally Kohn: Do you think what's happened with social media and the accessibility now of personal finance information through social media is overall a good thing for people? Or do you think it is a bad thing because it is even now harder to differentiate between possibly the bad actors with ulterior motives versus the good ones who actually want to give good advice. Kohn: I think it's on net good, but it's very slim. It's like 51% amazing and 49% terrible. But we're in a better position, but it is not without consequences. And on net, I prefer this world to the old world full stop.

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