Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Buying a house is supposed to be the "smart" move. The milestone. The box to check so you can stop "throwing money away" on rent. At least that's the message one woman says she's been hearing nonstop from her family. But after staring down the real cost of a 6.5% mortgage, she's not feeling all that financially free. She shared her thoughts in a post to r/FirstTimeHomeBuyer that cut straight to the point: ...

Core Insights - A viral TikTok by "Taylor Money" challenges traditional wealth-building strategies, advocating for a mindset shift towards using money as a tool for expansion rather than material accumulation [1][2][3] Investment Strategies - Taylor emphasizes the importance of viewing money as a vehicle for expansion, which opens up more opportunities for wealth generation [3] - He encourages followers to invest in high-yield alternatives, noting that traditional savings accounts had an average annual percentage yield (APY) of around 0.40%, while high-yield options offered rates exceeding 5% [4] Real Estate Investment - Taylor critiques the middle-class approach of using money primarily to build credit for purchasing larger assets, suggesting that this is not the true function of money [6] - For those interested in real estate investment without the burdens of being a landlord, platforms like Arrived allow individuals to buy fractional shares of properties, starting with investments as low as $100 [7]