Twitter isn’t just for trending hashtags and celebrity gossip—it’s a goldmine for your wallet. Imagine turning those 280 characters into 280 dollars, or more. Yes, you read that right. Twitter can help you save money, and even make some along the way. Intrigued? Let’s dive into how you can leverage the power of Twitter to boost your financial game and stretch your dollars further.
How? Let’s find out.
Twitter is arguably one of the hottest platforms on the web right now, even more so than Facebook for many people (it certainly is for me). It’s the collective heartbeat and cyber-trails of the internet, all happening in real-time. So, it only makes sense to use Twitter to gain some advantage, tips, and advice for your personal finance and budgeting. Here are some of the best ways to use Twitter for financial gains and better savings:
1. Twitter Search
The first and most effective way to use Twitter for financial benefits is to use it actively through searching. Whether you’re looking for discounts on a certain item, offers at your local mall, or advice on a product you’re researching, Twitter search is an invaluable tool. The best part is that the results are mostly real-time or fairly recent, so the deals are fresh and valid in most cases.
2. Expert Advice
Find a few finance and budgeting experts and start following them. You’ll learn a lot from their daily tweets, with minimal time spent reading them each day. You never know which tweet might be crucial for your financial literacy. In fact, in my years of using Twitter, I’ve learned much of what I know today by reading random expert tweets and applying them to my own situation.
3. Observing Twitter Users
As you read tweets from your friends and others on your list, especially those related to finance and money, you’ll gain better insights into how others spend and save money. Comparing their habits with yours can be eye-opening. This ‘mirror’ usage of Twitter can help you gain a better perspective on your own financial habits.
4. Follow Your Favorite Companies, Brand and Hashtags
The quickest way to find out about special discounts and deals from your favorite brands and companies is to follow them on Twitter. You’ll be among the first to know about special offers as soon as they’re posted. Furthermore, as you engage with specific hashtags related to your favourite topics, you will come across accounts of people who will be of interest to you, and help you learn and evolve.
5. Ask Questions
One of the beauties of Twitter is that it’s a two-way street, with communication flowing back and forth between you and those you follow, as well as your followers. If you can’t find the answers you’re looking for, simply ask the Twitterverse yourself. Not only can you expect responses from your followers, but others who aren’t following you might also find your question and answer it. This can be especially helpful when researching a product or looking for discounts in a specific store or city.
6. The Algorithm is your friend; no need to use it, it is already working for you!
Twitter’s algorithm is designed to bring the most relevant and personalized content right to your feed. By simply following a few key accounts, engaging with tweets that interest you, and using the right hashtags, the algorithm starts working in your favor. It will begin showing you tailored financial tips, deals, and money-saving opportunities, often without you even having to search for them. It’s like having a personal finance advisor built into your social media feed, constantly updating you with the latest and greatest ways to save and earn more. The more you interact, the smarter and more useful it becomes, turning Twitter into a powerful tool for your financial well-being with minimal effort on your part.
These are just a few of the countless ways you can use Twitter to your financial advantage. If you don’t have a Twitter account, head to www.Twitter.com and create one. Once you have your account, Twitter will recommend people to follow from various categories (Business, Politics, Technology, etc.). And of course, we’d appreciate it if you followed us too: @BudgetSense_ca.
Given Twitter’s explosive growth in recent years, a wealth of literature has been dedicated to it. We encourage you to read and learn more about how to harness its potential. Personally, I believe it’s generally more useful than Facebook. At least for getting ahead financially.
Update: as of 2022, Twitter (or X as it is currently known) is paying users with verified accounts for their content. This would be another way to make money: read more about it here.