Getting financial advice on social media can be tricky. Here's how to navigate it

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Getting financial advice on social media can be tricky. Here's how to navigate it
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Getting financial advice on social media can be tricky. Here's how to navigate it. investinyou (In partnership with acorns.)

While she gives out financial advice, Sun doesn't recommend specific investments. Those should be customized for the individual, she said.

"It could just be someone out there sharing an opinion, but you have to take that with a grain of salt." "A lot of influencers use their personal experience and stories to base their advice on, but that doesn't mean their situation is exactly the same as their followers'," said Caishalynne Echols, a certified financial planner with Austin, Texas-based Gen Y Planning.

"You should consult established, reputable and trusted resources before making any financial decisions," said John Elton, senior vice president and chief information officer for TIAA Bank.

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