Are online influencers truly honest with us? How much are their motives shaped by the size of the paycheck they stand to get? In this video, we'll dig deep into the world of financial influencers, uncovering how they make money and whether their content is skewed by these earnings.
⏱Handy Timeline:
0:00 Intro
1:19 Rise of the Influencer
2:45 Scams forced rules to be created
2:53 FTC rules we have to follow
3:22 We have gotten wiser
3:41 7 Ways Influencers Make Money
4:03 1. Sponsorships
7:09 2. Affiliates
11:13 3. Digital products
13:10 4. Ad Rev
14:44 5. Physical products
15:52 6. Direct contact with creator
16:19 7. The sky is the limit
17:06 How human psychology is manipulated
19:20 Why things are FINALLY changing
21:10 What to look out for online
23:36 I'm not above this
24:44 Secret
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Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!
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^This doesn't mean I was paid to make this video, it means I have an affiliate relationship with the company which allows me to make money from you using my links to sign up for services.