Are you trying to save your money and stick on your budget plan? An article from time.com, which is written by Megan Leonhardt, suggests you to stay off from your social media accounts. Why? Because we often crave for things we see on social media, which we actually do not need them.
TD Ameritade, a company that provides online broker service, has conducted a survey to over 1,000 correspondents (aged 18 to 35) about how social media impacts their lifestyle. The survey found this networking tool plays a big role in people's spending and saving habits.
Some of them admitted that they feel pressured to keep up with their friends' spending, which is shown on social media; especially when it comes to purchases and vacations. So, that is the reason why they rather spending more money to make a good impression than saving to spend in the future.
Source: time.com/money/4449427/budget-social-media/?xid=homepage
TD Ameritade, a company that provides online broker service, has conducted a survey to over 1,000 correspondents (aged 18 to 35) about how social media impacts their lifestyle. The survey found this networking tool plays a big role in people's spending and saving habits.
Some of them admitted that they feel pressured to keep up with their friends' spending, which is shown on social media; especially when it comes to purchases and vacations. So, that is the reason why they rather spending more money to make a good impression than saving to spend in the future.
Source: time.com/money/4449427/budget-social-media/?xid=homepage