Jake Paul is being called out for charging $20 to teach people about finances

17 February 2020, 17:20

By Jazmin Duribe

Instead of going to college, Jake Paul can teach you how to be "financially free" for as little as $19.99 a month…

Jake Paul is launching the Financial Freedom Movement to teach young people about money and allow them more…financial freedom, apparently. Yep, like his "ex-wife" Tana Mongeau (who recently entered the world of perfumery, btw) Jake is starting a new business venture.

Basically, Jake believes that the education system is "worthless" and only creates more debt for young people. Despite dropping out of school after the 11th grade and completing his diploma online, Jake is growing fed up with education, so the YouTuber decided to take action.

"There's over one trillion dollars in student loan debt," he said in a promotional video for his new business. "And people with outdated educations who can't even get a job for the student loans they took out that now haunt them for life." So, in partnership with GenZ Holdings Inc. – a brand development group – he plans on helping young people build their brands.

Jake Paul of Los Angeles California enters the ring make his boxing pro debut. Picture: Rich Graessle/Icon Sportswire via Getty Images

Jake has set up an online platform that will host video content from influencers and business experts, including himself. For a monthly fee of $19.99, you'll learn how to earn money from social media just like Jake. But if being an influencer isn't your thing, you'll also learn some more practical stuff too, like about credit, career advice in a sector you're more passionate about, insurance and loans. The fee will also include weekly group video seminars – who needs college, right?

our education system is worthless

i’m fed up

if I die i want to die having made a REAL difference on the world pic.twitter.com/sS0KYN9jcy
— Jake Paul (@jakepaul) February 15, 2020

The movement kicked off on Saturday (15 Feb) with Variety reporting that Jake and his friends put on a huge rally, making it rain single dollar bills over the crowd using cash cannons.

Hm, seems legit. Needless to say the internet had some, erm, thoughts.

Food: $70

Bills: $200

Rent: $500

Jake Paul Financial Advice: $5,000

Phone: $50

Guys please help me with my budget my family is starving
— Jessica (@J3ssi_33) February 16, 2020

Jake Paul new get rich quick scam. You pay him $19.99 a month for him to tell you to quit school & start a YouTube channel. LMFAO! Why would anyone pay for YouTube advice when it’s all out thier for FREE! & being successful on YouTube is more about hard work & talent then advice. pic.twitter.com/cvg1s3sJgZ
— KEEM 🍿 (@KEEMSTAR) February 16, 2020

There is 0 way you can bash the education system when you can barely spell correctly lmao https://t.co/tvLOfpm8wp
— yeah i’m emo, so what? (@ThyArtIsMemes) February 17, 2020

paying jake paul $19.99 for financial advice is equivalent to buying “skinny tea” as a weight loss method idc what anyone says https://t.co/vIKhNPTlqU
— Bri Datelle (@BriMTelle) February 17, 2020

get further education then come back to this PLEASE https://t.co/SmpxmZJC5s
— beth 🪐🥀 (@alienriots) February 17, 2020

I, an aspiring entrepreneur, have decided to not go to college to study business BUT instead pay $19.99 a month to learn business and financial stability from Jake Paul. https://t.co/myreDqIosz
— caroline (@CareGeraghty) February 16, 2020