Financial Advisors React to Money Advice on TikTok! (Part 3)

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[theadamblock]

The first guy seems like that guy who is always ready for a fight any time he goes out.

[ChrisRawls]

"Why is he only making 4%?"
"He doesn't understand math"
😂😂😂

[DailyChuckles]

That man’s financial advice was to rob a breakfast buffet. What a time to be alive.

[FinanceUnfolded]

ayyy i was the guy who made the $12 wendy’s video haha. it seriously was $12 where i live! great video, i really enjoyed it and thanks for including my video!

[NorinRad]

“Why’s he only making 4%?”
Laughed out loud on that one!
Y’all are great!

[MrMonsk]

The Wendy’s being $12 is absolutely real. Up here in MA, I went to McDonald’s the other day (hadn’t been there for years) and it was $23 for two meal combos.

[hb]

The "rent is the minimum you will pay" thing is true for the year you sign the lease. In my city (Boise), renting was cheaper than owning a house when I bought. Fast forward two years, I am now paying 20-30% less than renters simply because the market has changed. If you want to be somewhere long term, buying can absolutely make sense.

[dad_connection]

Thank you guys for being real and making good content and actually explaining the MATH!!!!

[FlyinRyan]

*whispers* "he doesn't understand math" lol

[singer]

I love these tik tok reacts. They’re like little fun episodes you can still learn from.

[leonabaffour]

🤣loving the commentary! so funny but educational at the same time! Thanks both

[haleyw]

When people talk about the money you could save if you cut out certain foods, they usually completely forget that most people would have to replace them, so the savings would probably be more like 3-4 dollars rather than 12

[arga]

I bet the first guy is selling a "business opportunity" or some ponzi scheme

[stephenchurch]

I agree with you guys that the latte effect is generally BS. That said, I've found that getting my friends to replace one coffee a week with investing in an index fund works wonders to get them thinking about the cost of capital. It's easier to build financial discipline if you're able to see tangible results even if they're insignificant in the long run

[mightymouse]

I LOVE these videos. You guys are so much fun and educational! Have you guys considered reacting to CNBC make it videos? I think that would be a fun thing for you guys to do. Hope the team has a safe and Happy New Year!

[debbied]

LOVE these videos! I'm just at the first Tik Tok and cracking up at Brian mumbling about 100% but then there is the look on Bo's face. Keep doing these!

[lidgerwoodj]

“Find a less expensive breakfast.” Bo, that’s exactly what he did. 😅

[penguinqueen]

The $15 breakfast cracked me up. Me over here with my $1 oatmeal, “I’ll be rich!” 😂

[BrandonMinguez]

They make a great point at the end. Finance videos are everywhere, you just need to make sure the content is valid.

[Ericsaidful]

The mortgage vs. renting was difficult for me from the time of purchase until I hopefully close in two weeks. There is a lot of stress and wellness issues that come up in home ownership as well. Everyone things owning a home is all roses, rainbows, and white picket fences every day and sure, there is some of that. But you're constantly concerned about the state of things because if your house is big enough something is almost definitely broken.