July 1, 2022

Loans

Its All About The Money

5 Consumer Habits That Are Making Us Depressed

11 min read

In this episode, Chelsea explores the consumer habits that are wrecking our collective mental health, from going into debt to keep up a certain lifestyle to watching endless haul and OOTD videos.

Sources:

https://www.inc.com/amy-morin/social-media-changed-what-it-means-to-keep-up-with-jonses-its-taking-a-toll-on-everyones-mental-health.html

https://www.luxurysociety.com/en/articles/2018/09/millennials-interest-luxury-goods-surpasses-their-funds

https://www.nimh.nih.gov/health/publications/chronic-illness-mental-health

https://ppcprotect.com/blog/strategy/how-many-ads-do-we-see-a-day/

https://www.sofi.com/learn/content/how-to-avoid-fomo-spending/

FOMO debt on the rise: Nearly 50% of millennials overspend to keep up with friends

The stress of dealing with debt alone

https://www.boredpanda.com/instagram-influencer-debt-lissettecalveiro/?utm_source=google&utm_medium=organic&utm_campaign=organic

https://www.nbcnews.com/better/pop-culture/we-re-overspending-love-instagram-here-s-how-stop-ncna939961

7 Ways Social Media Influences Our Spending Habits

https://www.newyorklife.com/newsroom/emotional-cost-carrying-debt

The Emotional Effects of Debt

https://www.newyorklife.com/newsroom/emotional-cost-carrying-debt

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