Millennials and Credit Life: The Price of Status and Financial Risks According to data from Wells Fargo, 30% of millennials take out loans to keep up with status and impress others. Social media, the availability of credit tools, and a changed attitude towards finances have made living in debt commonplace. What risks does this pose, how can one avoid the debt trap, and why is financial literacy more important than status? We discuss this ...

... fundamental factor for Dogecoin remains the support of Elon Musk. The CEO of Tesla and SpaceX frequently mentions DOGE, which has an immediate impact on its price dynamics. Specifically, rumors that Musk will integrate Dogecoin into the payment system of social media platform X (formerly Twitter) fueled investor interest at the end of 2024. Against this backdrop, by November 2024, the price of DOGE surged by approximately 227% in just one month, temporarily reaching around $0.48. In 2025, expectations surrounding ...

How Can Social Media Hinder Successful Investing? The pages of friends, acquaintances, and strangers are filled with pictures of a carefree life. The fear of missing out drives people to conform to idealized images, leading to additional resource expenditures. How ...

... even a negative reputation. This can affect future fundraising opportunities. High Marketing and Promotion Costs Running a successful campaign often requires significant effort and expenses in promotion. This may include creating quality video content, social media advertising, and engaging partners. Without active marketing, the likelihood of failure increases significantly. Intellectual Property Risks Disclosing project details on a crowdfunding platform makes the idea accessible to others, potentially leading ...

... yield substantial returns. Typically, the implementation requires only 10-20 thousand dollars, and often less. As a motivating example, consider Facebook, Instagram, and Twitter. These social networks were once in the startup phase. However, today the social media space is nearly filled. To break into this field, one must offer something new and interesting to the market. Promising Directions The expert recommends investing in the following areas: Gaming projects. The product should cater to a wide audience....