What impact do social media fake life frenzies have on our youth financially?

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Kachy
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#1

 

On social media, we see people.flaunt8ng their wealth, of fake lives so to say. We cannot verify how true those are. Last time I saw a man buy her fiance a 2022 Range Rover Sports on her birthday. Our youths see these things. And they affect how they view money.
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How can we quantify the impacts? And how can we protect our youths from the negative effects?
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Deon
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#2

 

The flaunting of wealth and fake lifestyles on social media can negatively impact youth by fostering unrealistic expectations, financial pressure, decreased self-esteem, mental health concerns, and materialistic attitudes

It's possible that someone who could help you achieve your goals may see your fake lifestyle and believe you've already made it.
An eye for an eye left thousands blind,
Remember that.........

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Jared
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#3

 

Deon wrote: ↑October 7th, 2023, 3:30 pm The flaunting of wealth and fake lifestyles on social media can negatively impact youth by fostering unrealistic expectations, financial pressure, decreased self-esteem, mental health concerns, and materialistic attitudes

It's possible that someone who could help you achieve your goals may see your fake lifestyle and believe you've already made it.
Develop this topic fully and get rewarded as usual.

Cheers. :thumbup!
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°


Ernest
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#5

 

Most of the time is social media promote this


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