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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 大象传媒鈥檚 Sylvia Chang explains why they鈥檙e joining, and how this could impact China鈥檚 economy. We also hear from Anita Nkonge, in Kenya, about a popular saving challenge there.

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

Instagram: @bbcwhatintheworld
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Email: whatintheworld@bbc.co.uk
Presenter: Hannah Gelbart
Producers: Mora Morrison, Maria Clara Montoya and Julia Ross-Roy
Editor: Verity Wilde

Available now

14 minutes

Last on

Wed 8 May 2024 02:50GMT

Broadcasts

  • Tue 7 May 2024 17:50GMT
  • Wed 8 May 2024 02:50GMT

Podcast