OPINION: Youtuber Jake Paul’s ‘Financial Freedom Movement’ is an unethical scam

Paul+has+been+known+for+various+other+controversies+in+the+past%2C+making+many+skeptical+of+FFM.+

Melina Kritikopoulos

Paul has been known for various other controversies in the past, making many skeptical of FFM.

Jake Paul, a 23-year-old YouTube star from Ohio, recently released online courses to teach aspiring YouTubers the skills to become famous on the internet: his Financial Freedom Movement.

The FFM was announced during a meetup in Los Angeles that Paul held on Saturday, Feb. 22, 2020. The rally consisted of Paul, his crew and around 50 of his fans, mostly adolescents. He is clearly targeting the age demographic of his viewers, scamming innocent children.

Although Paul claims that the FFM will give its users the skills needed to never have financial worries, the program is scamming children out of their money with generic content starting at $20 a month.

To make enough money to be considered “financially free,” the FFM users must spend $20 each month. The current price is a discount from the full cost of $40, implying that it will most likely increase in time. Paul is advertising and “guaranteeing” a future for his users that he cannot guarantee, all while taking their or their parents’ money.

Preceding the launch, Paul posted on social media saying that he is “sick of our education system and how it’s teaching kids 0 real life skills for them to secure there own future.” No one should take courses from someone who dropped out of high school in his junior year and still doesn’t know how to use “their” correctly.

The same content that Paul claims to teach—like doing taxes—can be easily found for no money at all on various platforms, including YouTube. Popular YouTuber PewDiePie created a video where he purchased and reviewed the service. Upon using FFM, he found that the program has overgeneralized lessons about social media strategies, identifying one’s niche and quality over quantity, all information that can easily be found on the internet.

Paul’s team of businesspeople is less well-known than he makes them out to be. Paul claims to have at least a dozen successful businesspeople to teach his customers but currently only has nine to show.

Even though Paul claims his platform is supposed to teach people money management, it has no value for the money put into it. Promoting his program to children is wrong, especially when he charges them money each month for skills that can easily be learned for free.