Overall, 63 percent of millennials think social media has a negative influence on their financial well-being, according to a millennial money study by Fidelity, which polled more than 2,000 adults ages 22 to 27. And yet an even greater majority — 66 percent — said saving for the future is as gratifying as treating themselves today.
To get there, Fidelity's Lannan advises consumers to stay focused on longer-term goals, practice mindful spending and set boundaries. Going out to brunch on the weekend is fine, but limit it to either Saturday or Sunday, rather than both days, she said. Finally, to keep FOMO in check, talk to friends, a spouse or a parent "in real life," Lannan said. "They are probably living closer to the way you are living and understand the feeling."
Christopher Tracy, president of budgeting app Mvelopes, also recommends taking your credit card information offline to help slow down impulse spending, limiting your daily time on social media and unfollowing people or stores that tend to trigger purchases.
Morons with money....their fault
Some people are so gullable.
Dept should be illegal...
Proving yet again that a fool and his (or her) money are soon parted.
Wow 1 whole person, that’s amazing 🙄
FOMOlism
Isn't envy on one of those lists somewhere...
skip
whOOOOOOOOOOOOOOOOOOOO? BUY WHAT?
Us...or them?
Seems like .0000000087% would just be normal odds.
She's a 6.8 at best.
Wow what a headline...... gohome
tuser5555 So the network trying to bury AndrewYang and his proposal to give every american adult 1000$ per month for life is trying to say Kylie Jenner is the reason why people are in debt? What a world
Sadly the world has become full of consumer monkeys. At what point is enough enough. Don't like them, like yourself instead!
Work on your social media team am seeing this for the 100th time
Humanity’s sheep/herd mentality is sad
Who?
ForexPhysics So she doesn’t have any clue how to control her spending.
🙄
IQ Test
Us?
Isn’t there a decent chance at least 1 in 115 million were going to buy it anyway? I mean it’s probably a product that targets her followers in the first place. Doubt she is liking torque wrenches. What kind of headline is that? A stat should have some impact on the reader.
It does show how much people are affected by the influencer age, shame that it tends to come with making poor decisions and doesn’t lead them to a happier life
If you’re into fake 💩 then that on you!
Swipe away kids
So basically, people's lack of self control is putting THEM in debt.
Is it news if people are not responsible/idiot's?
Those are terrible returns for a company’s investment to pay her to post
Really? Wtf did I just read! Blaming her for ppls buying decision? Are you kidding me? Did she make them push the damn button to purchase? Noooooo wtf is wrong with you people! Just like saying the gun pulled triggered! You people are stupid!
Power!
🙄🙄🙄🙄🙄
1 out of 15mil.. not impressive 😅
Baaa Baaa
You can wear your wealth or you can have some. Don't be like the Kardashians.
We have special seashells like no other on earth.😂
😅 I know what Trump has been doing. That’s why I’m trying to Cancel Student Debt.
you mean putting THEM in debt...financial darwinism..
Turd Kylie
Lmaooo
That’s exactly the mentality on why americans voted a reality tv guy as their president.😂
i don't care and i don't care about her... may 99% of world population. feel same way, like i do.
justyn_knight If I 'like' something at least 1 person in a random group of 115 million will buy it with high probability.
Us - Me = You
mxm
Ravenworks Stock: {-$27.13}
She's not even close
Old news
...that’s a pretty poor selling ratio.
...Another sign the end is near - Society is DOOMED
Why? Why? Why? Don't get it at all!!
If you buy something just because Kylie Jenner likes it you deserve to be broke and I laugh at your self created problems. Yawn
Who?
Its amazing how many things are used to hold someone else accountable for a person’s poor decision.
Old news
It's impressive the persuasive power this marketing strategy pulls out, and scary at times. All I'd like to buy that she owns is her ass. 😁😁😂
Never underestimate the purchasing power of idiots.
Different leagues
Slow news day?
Her hair and eyebrows are different colors!
So what, it’s her fault?
Them not us
Ugh 😣
How can 1 out of 115 million buying behaviour can disturb the economy cycle?
Embarrassing. Almost as embarrassing as me commenting on this. Lol
Perfect!!
They think they are gonna look like her, so sad😂😂😂
One out of 115,000,000 Is it a joke
lol
No it looks like it’s just putting 1 of 115mil people in debt. And I don’t follow her so I’m good
Just shows you how gullible this generation is. As long as a celebrity is attached to it they buy!
Very disconnected article. The author quilted together a bunch of statistics on various subjects that they have only cursory knowledge of, in an attempt to explain the destructiveness of consumerism and cult of personality. It fails to interpret the root of the problem.
Then, don't. WTF.
America's Youth
It's insane that society rewards these virtual mannequins as they highjack the impressionable young, and lead them into unhealthy consumption behavior. They're leading the flock into debt, and also depression much like Facebook does by making them feel inadequate.
WGAF
FOMO on things FOMO is for investment opportunities not fashion or food or silly gadgets .
And i'll sell it to you at a high price
Social media exposes the mentally weak.
I've never understood the dynamic of someone wanting to copy an 'influencer'. Feel it's Facebook/Social Media marketing bullshit.
'Us'? I resent being included along with these fools who enrich these parasitic grifters.
False , nobody buys that garbage
Can she like ManUtd ? 🤣
People keep buying useless things down the century.
It’s called social media marketing sweaty. Ever heard of it?
Old news
115 million fans. Right there is your problem.
sorry..never liked the family..they have gotten not one penny from me!!!
Seriously? Blaming Kylie Jenner?
So it’s her fault that someone reading her post is unable to hold onto their own money? Dumb point of view. Less accusing other people and more taking responsibility for oneself!
Generation Worthless. GenZ
One out of 115,000,000? That’s insignificant.
-and it’s putting us in debt- sorry not sorry
This country is so pathetic.
Stupid is as stupid does!
Don‘t you post this same twitter couple days before?zzzzzZZZ
She does have some nice lip colors.
Every time I see one of these vacuous individuals I burn a car tire. The sooner we destroy the plant the better .
Sounds like a fan problem not a Kardashian one. No one blames any other ads or commercials for the dumb impulsive buys they produce. Your website has ads too.
How empty and meaningless a person's life must be to be influenced by other people. Who cares about the Joneses, the Kardashians or other unimportant clowns? Live your *own personal* life, for crying out loud!
115 millions of.....
Yes, but it’s not her fault most of us are idiots.
phenomenal
Kylie deserves the credit she deserves! She figured out how to maximize her social media influence and is well on her way of building her own billion-dollar enterprise! She deserves the credit she deserves without all the lame excuses she got where she is bc of her name!
Stop talking.
The 'us' isn't 'me'.
Disgusting
115+ million 🐏
Keeping up with The Who?
Wow, and how old is she? Wasn’t your net work proclaiming her as self made?
Stupid kids
who’s “us”? speak for yourselves.
CNBC is a propaganda arm for the plutocrats and ewarren is coming for you people
Who is “us”?
Well that is incredibly stupid of them.
🐑
lets ignore her for a year and see what happens.
Speak for yourselves. I don't give a hoot.
Good thing I don't follow her...
Seems like this practical joke of lettin' these people be famous on account of a porn film has run its course.
Debt don’t hurt very long
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