TikTok and Gen Z Women Spending Trends Quiz

According to a report by Morning Consult, what percentage of Gen Z women use TikTok compared to their male counterparts?

• 62%

• 75%

• 80%

• 50%

What type of content do many influencers on TikTok post, which can be misleading for their viewers?

• DIY projects

• Haul videos

• Cooking tutorials

• Educational videos

What does the hashtag #TikTokmademebuyit indicate about the influence of TikTok on spending habits?

• It has a minimal impact on spending habits

• It has no impact on spending habits

• It has a significant impact on spending habits

• It encourages saving habits

What does certified financial planner Shaun Williams compare social media to, in terms of influencing spending habits?

• A financial advisor

• A shopping mall

• A neighborhood

• A financial institution

According to LendingTree, how much did nonmortgage debt among Gen Zers rise between March 2021 and the first quarter of 2023?

• 10%

• 50%

• 75%

• 99.3%

What does CFP Sophia Bera Daigle recommend for someone in their 20s to avoid when it comes to financial decisions?

• Investing in stocks

• Starting a business

• Getting into credit card debt

• Buying a car

What does Shaun Williams emphasize about signs of wealth shown on social media?

• They represent long-term investments

• They are always accurate

• They are misleading

• They indicate actual wealth

What does the wage gap statistic of women earning 78 cents for every dollar men made indicate?

• A balanced financial system

• A financial disadvantage for women

• A significant financial advantage for women

• Equal pay for equal work

What does Shaun Williams suggest as a more powerful way for women to use their money, despite social media influence?

• Investing in luxury items

• Building emergency savings

• Spending on expensive experiences

• Purchasing designer clothing

What does CFP Sophia Bera Daigle recommend for women in their 20s to lay the groundwork for in order to turbocharge their financial goals in their 30s?

• Starting a business

• Investing in real estate

• Purchasing expensive jewelry

• Building a retirement account