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This Spending Coach Is Explaining How Social Media Platforms Can Lead To People Overspending And Buying Things They Don’t Need

“My philosophy is that you always want to prioritize your future self and what’s best for her financially, rather than doing what’s best in the moment,” Paige explains.

“Sometimes that will mean saying ‘no’ to yourself in the present moment so that you can say ‘yes’ to yourself in the future for the thing you want most.”

Another theme Paige sees on social media apps is that things in your life must always be complete. For instance, if you move into a new house, it has to be fully furnished.

If you get a new job, you have to buy a completely new wardrobe. If you want to have better skin, you need a complete set of skincare products. 

“This app definitely promotes an all-or-nothing mindset when it comes to our consumption habits,” says Paige.

Paige mentions that videos online don’t emphasize the ‘in-between’ stages we go through in life. Instead of trying to have everything all together when you enter a new chapter of life or take on a new project, let yourself gradually grow into it and slowly decide what you need. 

Finally, Paige mentions a common theme on social media that revolves around having more. 

“There’s just this overarching message that the more you have, the more you spend, the more you acquire, the happier you will be,” explains Paige.

“That’s just simply not the case. The truth is, is that there is a law of diminishing returns when it comes to our spending habits.”

Paige explains that, yes, money can certainly bring lots of happiness and fulfillment into our lives, but only up to a certain point.

Once we get to the point of sufficiency, any spending that we do past that point on excess clutter and things we don’t need will bring down our happiness levels. 

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