TikTok finance influencers get flamed for dumbest strategy to make $1 million YouTube: Noah KaganA financial influencer proposed a radical strategy to make you a millionaire, but most viewers think it\u2019s ridiculous. TikTok is full of small niches, from woodworking to gaming to coin collecting, where like-minded viewers can share their passion for their hobbies. People with expertise in those niches can quickly rise to influencer fame, as others are eager to learn from their valuable experience and insight. The finance community is one of those burgeoning TikTok niches, with plenty of finance workers offering advice. But it\u2019s important that viewers be discerning, because for every well-meaning finance influencer offering advice, there are some in the space proposing absolutely bonkers plans to get rich\u2026 and going viral for it. TikTok influencer\u2019s millionaire strategy is immediately mocked TikToker and entrepreneur Noah Kagan regularly features others from the world of finance on his show, asking them to pass on their methods to help working people. In a recent interview, he asked his guest what their advice would be to someone who\u2019s life dream was to become a millionaire. His answer was shocking. \u201cAnyone can really become a millionaire\u2026 all you gotta do is get a dollar from a million people out of like 8 billion. If you just walk around every single day asking for a dollar, you can get $1,000,000 pretty easily.\u201d It\u2019s not clear whether the guest was actually advocating that people go around panhandling for a dollar from a million people, or if he was just explaining that you can get to a million dollars with a low-cost product. But people are already flaming this out-of-touch advice. \u201cLmfao this guy is an absolute moron,\u201d one commented on the video. Another checked out the math to see how long it might actually take to a million dollars using this method. \u201c1 dollar every 5 mins for 8h a day is actually 17 years,\u201d they wrote. Others pointed out that this method ignores the fact that people also have to spend money on rent, food, and other expenses, so it would take significantly longer when accounting for all those debits. But one commenter underscored how ridiculous the advice was by simply asking, \u201cSo why aren\u2019t all homeless people millionaires if they beg for money all day?\u201d Whether it was meant to be hyperbole or actual (bad) advice, it\u2019s probably best to not quit your day job to beg for money. It\u2019ll be a long, painful while before you\u2019re finally a millionaire.<\/p>\n","protected":false},"excerpt":{"rendered":"
TikTok finance influencers get flamed for dumbest strategy to make $1 million YouTube: Noah KaganA financial influencer proposed a radical strategy to make you a millionaire, but most viewers think it\u2019s ridiculous. TikTok is full of small niches, from woodworking to gaming to coin collecting, where like-minded viewers can share their passion for their hobbies. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-60558","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/60558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=60558"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/60558\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=60558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=60558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=60558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}