The viral TikTok app has grown an audience with incredible spending power in a short time. It was created in 2016 and has over 1 billion users! Users are spending money in the app which many experts predict will propel business to record-breaking sales by 2027! But is this a good thing? Find out more in this week's FinCap Friday below:

If you're short on time, try our simplified No Tech version, containing embedded questions right in the slide deck! You can also use the Edpuzzle version here.

About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!