Scott and Greg wade into the shadowy corner of TikTok known as FinTok to separate confident-but-wrong money takes from durable, real-world planning. They react to three viral clips—"Three Things Women Need to Know About Money," "Retire in 5 Years with Amazon Dropshipping," and an "income for life" annuity pitch—then close with a listener question on the best place to keep an emergency fund.

What you'll hear:

• Why "earn it, store it, multiply it" is incomplete—and how everyday savers can build wealth without a liquidity event.

• The passive-income trap: why dropshipping "arbitrage" rarely survives contact with fees, competition, tariffs, and reality.

• Annuities decoded: bonuses, "guaranteed" growth rates, income bases vs. surrender values, and what you're giving up for a lifetime paycheck.

• Emergency fund 101: checking vs. high-yield savings vs. money market funds—and how to add just enough "friction" to avoid dipping in.

Chapter guide:

• Open: Why FinTok is often confident…and often wrong

• Clip #1 — "Three Things Women Need to Know About Money"

• Clip #2 — "Retire in 5 Years" (Alibaba → Amazon)

• Clip #3 — "Guaranteed Income for Life" annuity pitch

• Listener Q: Where should your emergency fund live?

Key takeaways:

• Wealth is personal: define your own future spending goals, then align earnings, savings rate, and investing accordingly.

• Be skeptical of "income-producing asset" hype—current yield isn't the same as total return, and taxes matter.

• If an annuity's growth sounds too good to be true, you're probably looking at an income base illustration, not walk-away value.

• Park emergency cash where it's safe, liquid, and out of sight enough to avoid temptation (often a separate high-yield savings or a brokerage money market fund).

Listen on: Apple Podcasts • Spotify • YouTube Disclaimer: This episode is for informational purposes only and not investment, tax, or legal advice. See full disclosures in-episode.