To quote a very beloved GOT(Game Of Thrones) character Tyrion Lannister “You should never believe a thing simply because you want to believe it”. Most American are struggling to find their financial footing, living paycheck to paycheck, circumstances and conditions like that make people believe in anything that looks slightly feasible. And with the reaches of social media platforms like Twitter, Instagram, Facebook, Periscope and etc it’s a lot easier to reach people when they struggling to find their way.
Despite how social media make it seem you simply are not thing just because you claim to be. You must be certified, verified, credible, and have a body of work that justify that proclamation. On every social media platform I think of everyone is claiming to be an influencers of this or a guru of that, without habits really put in the time or paying any working dues. They’ve read a few books now all of a sudden their an expert real estate wholesaler, they cleared they $20,000 student loan debt now their a financial literacy maven; and the ridiculousness spreads fair and wide. And don’t even get me started on the $99 webinars or the $199 seminar that soon follow the achievement of reaching 5,000 followers on a platform.
Two things can be true at the same time you can good at something have make some achievement in an area and NOT BE AN EXPERT IN IT. Just because you get a JD doesn’t make you an attorney any more than getting an MD makes you a doctor, you have to pass licensed national boards before you can make those type of claims.
As a strong financial literacy advocate I all too often see people making inaccurate statement about certain credit score myths, banking services and procedures, financial management tips and it disturbs me. It disturbs me because economic empowerment should be above financial scamming and scheming against our people. But it’s our very own people who are out here taking advantage of those who are less knowledge and are desperate for a way forward.
I just want to caution all of you to be careful of the too good to be true promises. Don’t believe in anyone else ability to get you out of trouble more than your own. Now I’m not saying that there aren’t individuals who are out here genuinely trying to help, because there are plenty. But you will be able to tell the difference because their usually not on social media pushing their services on you. They are often willing to help free of charge because the betterment of the community is the focus not one person own financial gain.
Jamaal W Vetose
Todd Capital Investments