How To Become Debt-Free, According To TikTok

If you have debt, you’re not alone. The average American has $90,460 in debt, yet many people feel shame about things like carrying a balance on a credit card. Instead of beating yourself up for your financial past, which can be counterproductive, why not focus on taking charge of your financial future?

There are plenty of personal finance TikTokers who provide accessible advice and daily tips to make budgeting and paying down debt feel empowering – fun, even. Here are seven accounts to follow on TikTok for a boost of inspiration on your debt-free journey.

1. @herfirst100k

@herfirst100k
Paying off debt? Listen up! This is one of the best things you can do for your payoff plan. Check out our Debt Defeater course for a more in-depth explanation. #debtpayoff #debtfreejourney
♬ original sound – Tori Dunlap — Money Expert 💸

Tori Dunlap aims to empower women to raise their net worth and become debt-free. From sharing job interviews and salary negotiation tips to teaching you about the benefits of opening a High Yield Savings Account (HYSA), her advice is all about helping you increase your earning potential while making savvy financial decisions. Sounds like a good plan, right?

2. @thefinancialdiet

@thefinancialdiet
Budgeting is the 1st rule of personal finance. The 50/30/20 rule is simple & easy-to-implement. #503020rule #personalfinancetok #budgettiktok
♬ original sound – The Financial Diet

“Helping you live a better life on any budget” is The Financial Diet’s motto. The word diet usually conjures images of restriction, but this account is all about using budgeting to enjoy life more, not less. Watch videos filled with practical hacks such as budget allocation methods to make the most of your money.

3. @inspiredbudget

@inspiredbudget
I’d love to see them use this leftover money for all of their Christmas expenses. This way, they don’t have to go into more debt to cover the cost of the upcoming holidays. Then, they can focus on savings or debt once Christmas is covered! #budgeting #budget #debtfree #debtfreejourney #personalfinance #personalfinancetips #budgetfriendly #budgetingtips #moneytok #financialeducation #financialfreedom
♬ Storytelling – Adriel

Allison Baggerly makes budgeting easy by sharing real-life examples of what budgets can look like for different people in different states. Whether you’re a recent college grad or a millennial parent looking to buy a home, you’ll find useful insights on her TikTok channel. Apply them and watch your bank account grow and your debt-free journey continue.

4. @mrsdowjones

@mrsdowjones
Here’s how to REALLY build generational wealth #financeiscool #generationalwealth #investing #investingforbeginners #bossmoves #brokerageaccount #custodialaccount #529plan #custodialrothira #godmother

♬ Can we get the bill – Bluey

Mrs Dow Jones serves up financial advice with a dose of sass. What’s not to love about celeb memes mixed with advice on how to save up for Taylor Swift’s tour? You’ll get as much practical value as entertainment from this unique financial TikTok account so you can pay down your debt with a smile on your face.

5. @humphreytalks

@humphreytalks
Beginner’s Guide to Investing! I partnered with Wealthfront to make it easy using the link! Disclosures: @wealthfront
♬ Stuck In The Middle – Tai Verdes

There’s a reason Humphrey Yang is one of the biggest personal finance influencers. He makes topics that can feel complicated or overwhelming digestible, and you’ll learn tons about investing and making your money work for you while following him.

6. @milansinghhh

@milansinghhh
⚠️ Please read caption for all the details: Please note: Not all flights are covered by this and there are some contingencies to the law so do your research!🧐 The flight itinerary could be from EU to EU, flight from EU to non-EU, flight outside of EU to the EU, and flight outside of the EU to non-EU. Most importantly, you are only covered by EC261 if you’re flying on an EU carrier such as Lufthansa, British Airways, etc. ✈️ “Under the EU261 law, passengers on a delayed flight have a right to the airline’s assistance, reimbursement and a return flight, depending on the duration of the delay and the distance of the flight. If you are delayed three or more hours, you are entitled to compensation unless the delay was caused by “extraordinary circumstances,” which include bad weather, political strife, air traffic control decisions that are out of the airline’s control and security risks on the ground.” 👀 If the distance of your flight is 1500KM or less then you can receive up to to €250. If the distance of your flight is 1500KM and 3500KM then you can receive up to €400. If the distance of your flight is 3500KM+ then you can receive up to €600 or $600 🤑 To file an EU261 claim, you must have a valid ticket and confirmation. You can find the instruction on filing directly on the Airline’s website. In order to receive compensation, you have to file a claim in a timely manner and deadlines to file differ by country so make sure to check. There are other contingencies so please do your research 👍🏼 #finance #personalfinance #money #finance #lifehacks #airline #savings #europe #lufthansa #ryanair #aeroflot #turkishairlines #airfrance #klm #flight #learnontiktok #moneytok
♬ original sound – Milan 🤑

Milan Sing’s zone of genius is helping you save and capitalize on money through various hacks, from compensation for flight delays to lowering your internet bill. Want to make the most of tax credits? He has a tip for that. Want to know Starbucks secrets to enjoy your favorite Macchiato for less? He’s got you.

7. @seth.godwin

@seth.godwin
Reply to @wrekerjoe 3 BEST Cards For Building Credit!
♬ original sound – Seth “The Godfather” Godwin

Shopping for a credit card? Want to improve your credit score? Or perhaps you need guidance while car shopping – cars can become huge money drains down the road, after all. Seth Godwin covers all these topics and more in a simple, straightforward way.