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    • FOMO

      • FOMO, or fear of missing out, is a well-documented phenomenon that can drive people to make decisions based on things they see other people doing on social media. When the concept of FOMO is applied to money, it can lead to overspending and dangerous financial behaviors, all for the sake of getting likes and clicks.
  1. FOMO has become a pervasive issue in our digital world, influencing social interactions and personal financial decisions. It is an emotional response fueled by social media and the constant bombardment of images and stories showcasing the seemingly perfect lives of others.

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  3. Aug 1, 2023 · Fear of missing out, along with anxiety, depression, and loneliness, is reduced when you limit your time on social media, according to researchers. 1 Additionally, you might consider unfollowing accounts or blocking ads by financial “influencers” who advertise get-rich-quick schemes.

    • A New Study Investigates The Link Between Fomo and Social Media Use
    • What The Results Mean
    • What The Results Imply For People Who Show Problematic Social Media Use

    What does science show about the association between FOMO and social media use? A new study (Fioravanti et al., 2021), published in the scientific journal Computers in Human Behavior, investigated the link between the individual level of FOMO and social media use, as well as problematic social media. The authors conducted a meta-analysis — a statis...

    The results show that FOMO and social media use, as well as problems due to social media use, are linked. Since this was a correlative study, no clear statement regarding whether or not FOMO causes social media use can be made. On the one hand, it could be assumed that people with high FOMO check the social media feeds of their friends and family t...

    If you feel like you or a loved one may show problematic social media use, reflecting on the reasons why this behavior happens may be helpful. Potentially, FOMO could be a factor affecting compulsively checking social media websites or apps. If so, think about ways of reducing FOMO.

  4. The influence of FOMO on financial decision-making can manifest in various ways: Impulse Purchases: FOMO can lead individuals to make impulsive purchases they might not have otherwise...

  5. Feb 3, 2022 · In the age of social media, the Fear of Missing Out can have a serious impact on your mental health and financial decisions. Learn how to deal with FOMO.

  6. Dec 5, 2023 · Fear of missing out (FOMO) is defined as worrying about being absent from or overlooking a rewarding social experience. To avoid "missing out" on these experiences, in modern times, many...

  7. Aug 4, 2023 · The current study investigates the relationship between the fear of missing out (FoMO) and depression, anxiety, materialism, and compulsive buying behavior (CBB). Furthermore, the study also investigates the potential moderating role of mindfulness in the relationship between FoMO and outcomes.

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