Taking social media financial advice could end up costing you: 3 money trends to avoid

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Taking social media financial advice could end up costing you: 3 money trends to avoid
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'Honestly, people are just getting wrong... it's way too simple the way they make it look online.'

It's hard to ignore a flashy video that makes making money look easy, but a lot of self-proclaimed financial gurus are popping up on social media and their advice could get you in financial trouble.

"Even if you have a zero-percent interest rate, all of that goes away if you miss a payment or are late on a payment. It's not as it seems oftentimes," he said.

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