EPISODE · Aug 27, 2026 · 25 MIN
Finfluencers, Lawfluencers, and AI: Are You Consumer Aware? Part 3
from P$yFi | Psychological Finance
In this final installment of our finfluencer series, host Olivia and Legal Assistance Attorney Emily Baggett expose the alarming financial and psychological costs of uncredentialed online advice. We break down eye-opening fraud statistics from the FTC and CFP Board. We even examine real-world military-targeted scams for good measure. The episode delves into the "uncanny valley" of social media, unmasking the deceptive practices of "financial flexing" and online exaggeration. To help you safely evaluate advice, we introduce the P.A.C.E. framework—evaluating Purpose, Authority, Cost, and Evidence—alongside the rigorous "two-source rule." We also compare the safety of regulated, fiduciary professionals vs. social media "attention professionals" who lack fiduciary duty. Finally, we lay out five tried-and-true evidence-based pillars of financial wellness to help you build lasting, long-term wealth. Federal Trade Commission & Scam ReportsFBI Scams & SafetyP$yFi Episode: Fraud Pathology: Why Smart, Capable People Still Fall for ScamsFINRA Broker CheckBarred BrokersCheck Out Your Investment ProfessionalAlabama Bar Attorney LookupAll Other Attorney States
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Finfluencers, Lawfluencers, and AI: Are You Consumer Aware? Part 3
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