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Social media has warped our perceptions of reality and what happiness really is. It seems almost impossible to live well on less money.
It’s simple to think that owning the newest gadgets, traveling frequently, dining at hip restaurants, and going in a luxury car entails a high financial requirement in order to truly enjoy life.
Yes, enjoying life does come with a price since nothing is free. Moreover, even if you don’t want to eat out or enjoy shopping, you still need to spend a certain amount to be comfortable.
Global inflation is still running higher than it was ten years ago.
Whether we like it or not, everything is growing more and more expensive.
However, none of this suggests that we need a significant quantity of cash. It is absolutely possible to survive on less money.
It’s a fact that most people cannot afford to lead extravagant lives.
The notion that everyone is continuously having the time of their lives is the primary myth spread by social media.
You are limited to performing standard chores during this period. Some are going to remote beaches, eating at trendy restaurants, buying brand-new automobiles or mansions, etc.
And now here you are, sitting in front of your smartphone, finishing your boring task. Maybe you are aware that the trip you really want to take is out of your price range. Or maybe you’re not happy with your job and what you could be paid.
Nonetheless, the following details are accurate:
Studies from 2024 indicated that about 75% of Americans owed money of some way. Moreover, 35 percent of Americans owe more on their debt than they would ever be able to repay in their lifetime.
More than thirty-three percent of Americans couldn’t afford a $400 emergency.
More than half of credit card users are “revolvers,” which means they don’t make their monthly payment in full. This compoundes the interest and progressively raises the debt.Six
Is it possible that the family posing in front of their stunning new home is actually struggling to make ends meet because of an excessively high mortgage?
Or is the individual trying to make car loan installments while on a trip abroad after paying for the entire trip using a credit card? Maybe these people are just maintaining their façade by enduring a job they despise?
Social media presents a distorted version of reality.
On the internet, everyone wants to seem their best. Therefore, take a time to reflect and remind yourself that there is more to someone’s financial condition than what meets the eye when they show a “enviable” life online.
And it only holds true for those who minimize the harsh realities of life and are only mildly honest. Worse yet, a large number of people lie about every element of their lives on social media. So remember this and try to stay true to your real life and enjoy that.