As a 22-year-old woman, I spend an unhealthy amount of time on TikTok, but I justify it because every single day is a new learning ~experience~ for me. 

From recipe ideas to dance routines, I have learned many a new skill or lifehack from the ‘Tok. But one thing I didn’t think I’d be getting from the app that brought us Charli D’Amelio doing the Savage dance is financial advice. 

However, I’ve actually learned a hell of a lot of financial lifehacks from TikTok, and I’m here today to share this information with you. Thank me later, you’re welcome.

Disclaimer: don’t take any actual financial advice from TikTok. If you’re thinking of investing a large sum of money or making any major financial decisions, please consult an actual financial expert. These are just fun lifehacks that could potentially save you a buck or two. 

Transferring The Last Digit:

First up, we’ve got a simple yet effective money-saving hack. As someone who always swears she’ll save at least 30% of my paycheck, only to spend it all on UberEats, this simple method is quite literally a game-changer.

At the end of every day/week/however often you want to do it, you transfer the last number of your account balance into your savings. For example, if you have $423, you would transfer $3. 

The logic here is that it’s such a small portion of your money that you won’t actually notice it. 

@budgetbrospodcastEasy way to ##savemoney fast. You’ll barely feel it! ##finance ##saving ##learnontiktok ##moneysavingtip ##creativefinance ##money ##tiktok ##fyp ##moneytips ##3♬ Saving Money Quick and Easy – Budget Bros Podcast

Finding The Cheapest Days To Travel:

I know the idea of a travel hack right now is stupidly optimistic, but I couldn’t help but share this one. From the cheapest days to fly, to the age-old trick of using Incognito mode/a VPN to cop cheaper flights, this TikTok has all of the best money-saving travel tips. Thank me later.

@professionaltravelerI travel for a living & here are a few secrets I know ???? (reposting) ##travelblogger ##travelinfluencer ##travelhacks ##flighthacks ##moreyouknow ##howto♬ Banana (feat. Shaggy) [DJ FLe – Minisiren Remix] – Conkarah

How TF Compounding Interest Works:

This one isn’t really a hack, but it *is* a really helpful way to understand why you should invest in your savings now, rather than in the future. Compound interest, huh.

@justin.baldori20yr olds are in the perfect position. Did you know about compounding interest? ##ausfinance ##indexfunds ##indexfundinvesting ##smartinvesting ##investnow♬ original sound – Justin Baldori

The Envelope Trick (If You Still Use Cash):

Personally, I fucking hate cash more than anyone, but if the thought of holding a germy $100 note doesn’t make you gag, this could be for you. The envelope hack is all over Budget TikTok, and the internet as a whole, and for good reason.

Basically, you split your pay into different envelopes for specific needs. Simple, yet effective.

@humphreytalksBudgeting for beginners with Envelopes. ##personalfinance ##budget ##money ##rent ##cash ##saving ##wealth♬ original sound – Humphrey Yang

Why You Don’t Need A New Car:

This one goes out to everyone who bought themselves a brand new car on finance as soon as they got their first full-time job (oops). TikTok user @byrondempsey serves some serious burns/life lessons about why you don’t need a brand new car. If you’re thinking about dropping $40k on a car right now, please watch this first.

@byrondempseyYOU DO NOT NEED A BRAND NEW MAZDA 2 EMILY ##invest ##genz ##moneymistakes ##newcar♬ She Share Story (for Vlog) – 山口夕依

Friendly Budget Hacks You Should Definitely Listen To:

And last, but certainly not least, the vido that I personally take all of my finance advice from: FRIENDLY MILLENNIAL BUDGET HACKS!!

@ewdatsgrossFRIENDLY MILLENNIAL BUDGET HACKS!!! ##fyp ##wintervacay ##savemoney ##lifehack ##hackchallenge ##hack ##inspo♬ original sound – Ashley G ✨

Like I said, all of this advice is general in nature and you should consult a legitimate financial advisor before making any serious money moves. But if you’re keen to pick up some quick, handy lifehacks, TikTok is the place for you.

Image: The Simpsons