Five Pieces of Financial “Advice” That Are Counterintuitive

If you’re looking to find financial information online, prepare to dig through a lot of BS. There are hundreds of content creators who talk about finance and money, and many of them pack their channels with valuable information. I admit I’ve learned a lot from them and I’ve been able to apply the information to my personal situation. Much of this advice is beneficial, but there are also times when I disagree.

When you consume information online, you need to remember that anyone can write anything. Of course, many people prefer to build a positive reputation, but they also need to get views. This means you’ll find some polarizing opinions or “advice” that is flat-out wrong.

I acknowledge the irony of writing an article online where I critique advice shared by content creators. Everyone has their own style, but some people post buzz-worthy information that’s too good to be true. In all actuality, this can be counterintuitive. Not only does it make it difficult to build financial strength, it can actually hurt your situation. After years of using the internet for financial knowledge, there are a few concepts and ideas that still make me cringe.

Don’t Talk About Money

Perhaps this is more traditional advice that’s regarded as proper etiquette, but there’s…