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Can social media apps help you save money?

With costs going up around the world many are turning to apps for advice.

Social media platforms, like Instagram and Xiaohongshu, are full of shopping tips to help you spend. But they can also help you save, partly by providing support and advice through groups of like-minded individuals - or, in China, da zi. This is a growing trend, especially among young women.

The Βι¶ΉΤΌΕΔ’s Sylvia Chang explains why they’re joining, and how this could impact China’s economy. We also hear from Anita Nkonge, in Kenya, about a popular saving challenge there.

Plus, if you’re currently on a budget we’ve got five top tips on how to save from Ashley Lee (@hermoneymastery on TikTok).

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Presenter: Hannah Gelbart
Producers: Mora Morrison, Maria Clara Montoya and Julia Ross-Roy
Editor: Verity Wilde

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14 minutes

Last on

Wed 8 May 2024 02:50GMT
Βι¶ΉΤΌΕΔ World Service East and Southern Africa, South Asia, West and Central Africa & East Asia only

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  • Tue 7 May 2024 17:50GMT
    Βι¶ΉΤΌΕΔ World Service News Internet
  • Wed 8 May 2024 02:50GMT
    Βι¶ΉΤΌΕΔ World Service East and Southern Africa, South Asia, West and Central Africa & East Asia only

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