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Gen Zers should avoid these 6 money mistakes, says a young CEO who watched her friends flounder financially

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Katrin Kaurov is the CEO and cofounder of social financial platform Frich .

Her experience as a young model taught her how to manage her money early.

She says Gen Zers should not rely on buy-now-pay-later apps and not get real about credit card debt.

Kaurov says social media, especially TikTok , is full of financial advice, but much is not verified.

"I always like to compare that to running a marathon. You're never going to do it on day one ." Read the original article on Business Insider .