"We're connected all the time and we're constantly being reminded of what other people are doing, and that status-envy and downward comparing leads us to strive for this other life that's not our own."And ultimately, is the expense worth the online glory? Melbul admits those precious holiday snaps are probably worth $10,000 after factoring in the money spent.
The drive for social media perfection even saw Melbul's credit card debt skyrocket to $20,000 at one stage."It's that instant gratification – you do get a little rush when you spend – your mind starts to release the dopamine and seratonin that gets us all excited," Dr Bagley-Jones says.The motivation to get out of debt can be hard to come by, too.
Source: Loan Digest (loandigest.net)
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