TikTok Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. A viral TikTok by a user dubbed “Taylor Money” challenged conventional wealth wisdom by dismissing the routine strategy of spending money on things like “bigger houses, bigger boats, bigger cars” and then stashing the rest in a savings account (1). According to Taylor, the distinction between the average middle-class mindset and that of millionaires lies in one word: expansion. Rather than spending ...