A TikTok star is basically social media influencer who makes and share short videos on TikTok. They talk about various topics like dance, comedy, beauty, and lifestyle. Many have gained large followings and found multiple ways to earn money. Many TikTokers earn money from TikTok’s Creator Fund based on their video views.
Making and Losing Money
Some TikTokers make additional income through live streaming by receiving virtual gifts from fans. Many of them are paid by companies to promote products in their videos. A lot of them sell their own merchandise.
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They also use affiliate links to earn commissions on sales, and create content on other platforms like YouTube for extra income. Some also partner with music labels and artists to promote songs or secure licensing deals for their content.
TikTok Star: Bryce Hall
By using these different methods, TikTokers can make a lot of money from their online presence. Unfortunately, if not properly managed, they can lose all the money too.
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After going “completely broke” and dealing with taxes, social media star Bryce Hall realized how important it is to manage money well.Now, Bryce Hall is focusing on a new project, he wants to help others.
TikTok Star Says Save Your Money!
After becoming famous on YouTube and TikTok, Hall has started a podcast called “Capital University.” The show is co-hosted by investor Anthony “Pomp” Pompliano, to help him learn how to handle his growing finances.
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I thought money was just something to spend,” Hall talked about his past money habits. “I was spending money before I even had it.”
One of the Biggest Stars on TikTok
In the podcast, the two hosts will explain the basics of investing. They will talk about how to secure your financial future, and discuss the challenges of being young, rich, and famous.
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“Save your money! It can disappear,” says Hall, 21. “It’s one of the biggest lessons I’ve learned. Don’t spend it all.” Bryce Hall is one of TikTok’s biggest stars, with almost 14 million followers.
Sway House
He lives in the Sway House in Los Angeles, a place where several social media stars live together. They all create viral content for TikTok and YouTube. “I spend most of my money on my YouTube videos; it all goes into my content,” he says.
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Earlier this summer, Hall started Ani Energy Drink with another social media star, Josh Richards. He also has his own clothing line. You can listen to Capital University on Spotify, Apple Podcasts, and more.