Many American citizens consider social media trade in an faulty image of wealth and luck; 57% of social media customers say that nation publish to seem extra a hit, and 51% of customers say that social media depicts “unrealistic lifestyles,” in keeping with a 2023 Bankrate survey.
Even so, lots of them can’t aid however get stuck up within the cycle of comparability. Between 2022 and 2023, U.S. adults spent $71 billion on “impulse buys” they have been influenced to assemble by way of social media, in step with Bankrate’s information — a proven fact that backs up an building up in “money dysmorphia.”
Similar: Those 5 Cash Secrets and techniques Can Flip Wholesome Relationships Poisonous, Monetary Therapist Warns
The extra of this text is locked.
Tied Entrepreneur+ lately for get right of entry to.