Personal finance and FOMO - Deepstash

Personal finance and FOMO

The fear of missing out (FOMO) can influence how people spend their money and motivate them to buy things they can't afford. If you feel peer pressure to spend in ways that are beyond your means, try thinking of cheaper alternatives or minimize your social media screen time to avoid overspending.

Slow yourself down, too, especially if dreaming of your out-and-about future has you clicking add to cart with a vengeance. If you feel the urge to buy something non-essential, remove yourself from the situation and write the desired item and cost down to revisit for consolidation later.

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