Ever seen some dodgy financial advice floating around on socials, namely TikTok and Instagram? Ever thought they make it seem like it's too easy to buy 50 investment properties and leverage yourself to the hilt? Here to discuss the problem of finfluencers and the dangers of overleverage is Deline Jacovides, financial adviser and founder of Mazi Wealth. She's been busy herself busting those finfluencer myths on social media and she joins the podcast to discuss this more in-depth.
Of course, this in itself is not to be considered financial advice.
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01:34 - Savings tip
03:05 - Crackdown on properties bought through trusts
04:38 - The dangers of overleverage
08:22 - The rise of finfluencers
11:11 - Why APRA is cracking down on high leverage
12:57 - Are the finfluencers sweating
