How to get rid of bad money habits: Social Media | Andrew Baxter

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Have you ever wondered how big of an impact social media has on our money habits? In this day and age it’s actually quite big, and with the rise of the crypto market that’s found to be quite intriguing especially for the younger generations, this is something we have to take a really good look at. As more and more “Finfluencers” arise, telling us to invest in certain Cryptocurrencies or NFT’s it’s important to keep your head above the water and not be fooled by the lavish lifestyles displayed on these “Finfluencers” social media accounts.

In this week's MONEY AND INVESTING show about how to get rid of bad money habits Andrew Baxter shares a telling story of something that happened to him recently, and offers a word of caution to not base your trades and investments on what someone says on social media. Instead, make sure you take the advice of licensed financial advisors that can offer you a more holistic and long term approach to trading.

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