Research + News | Topic: Finances
Dec 30, 2020
‘PoshTok’ Is Where TikTok’s Richest Teens Hang Out
The concept of PoshTok is simple: what if having a ton of money didn’t just mean nice stuff, but also: internet clout? Read the article here.
Oct 21, 2020
Trans Teens Are Using TikTok To Raise Money For Their Surgery
After struggling on Instagram and other platforms, transgender people are using TikTok’s unique attributes to bypass waiting lists and raise money for expensive gender transition operations. Read the article here.
Sep 25, 2020
Kids In The UK Are Now Spending More Money On ‘Fortnite’ And ‘Roblox’ Than Candy And Books
Childrens’ spending habits in the UK have shifted to online games such as “Roblox” and “Fortnite” since lockdown began, away from sweets and books, a pocket money app has reported. Read the article here.
Mar 2, 2020
TikTok Teens Are Obsessed With Fake Luxury Products
Young consumers want to wear items that look like Gucci or Lululemon, but don’t necessarily want to pay for them. Read the article here.
Feb 21, 2020
Is YouTube Turning Kids Into Budding Shoppers?
Kids and teens hold a lot of spending power that’s extending into households. Read the article here.
Jan 24, 2020
These Teenage TikTok Stars Reveal How Their ‘Goofy’ Videos Made Them Financially Independent
TikTok, which is owned by Chinese internet technology company ByteDance, has become the social media app of choice for many teens. Read the article here.
Jan 2, 2020
Loot Box Purchases And Skin Betting Viewed As ‘Highly Addictive’ By Young Gamers
Loot boxes are mystery items embedded within games that can be purchased for randomised rewards, including “skins” which change the appearance of a character. The skins can then be used to trade on third-party websites for real money. Read the article here.
Nov 22, 2019
Preteens Need Modern Payment Options For Today’s Digital Video Games
Preteens spend a lot on video games, but how? Read the article here.
May 28, 2019
How Kids’ Allowance Works In The Smartphone Age
When it comes to teaching children about money, chore charts are out, electronic accounts are in. Read the article here.
Aug 27, 2018
Posting Instagram Sponsored Content Is The New Summer Job
While some teens spent the summer of 2018 babysitting, bagging groceries, or scooping ice cream, thousands of others made hundreds of dollars—and in some cases, much more—the new-fashioned way: by doing sponsored content on Instagram. Read the article here.