Michela Allocca is a former financial analyst who, at the age of 28, managed to accumulate a net worth of more than $500,000. She explains how she achieved it in a recent TikTok post that has had nearly a million views.

If you want your money to grow, these are the five financial habits you should avoid, she says. She recommends high-yield savings accounts to the traditional ones usually offered by large banks, as they offer better annual interest rates.