Gen Z trusts financial experts far more than any other generation, but they remain skeptical of TikTok advisers , according to a new report from GOBankingRates.

While 64 percent of Gen Z (ages 18 to 24) said they trust financial experts completely or somewhat, 53 percent of Gen Z said TikTok was the least trustworthy source for financial advice.

Why It Matters

Gen Z is up against great financial odds, with the costs of higher education and homeownership skyrocketing.

While financial experts can often help people reduce their debt and budget for the future, platforms like TikTok can often cultivate a following for unreliable experts.

What To Know

While 53 percent of Gen Z said TikTok was the least trustworthy source for financial advice, they remained the most trusting generall

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