How Social Media Could Be Affecting Your Finances

Are you struggling to save money or living paycheck to paycheck? Do you scroll through your social media feeds, spending hours looking at other people’s lives and things they have that you don’t? It may be time to start reflecting on how your social media use can affect your finances. Social media has become an entrenched part of our daily lives, with almost 3.5 billion people worldwide using various platforms every day. Research has found that there are both positive and negative impacts of frequent use of social media, but what about its impacts on our finances?

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