Generation Z and millennials experience increasing money dysmorphia due to social media, impacting mental health and financial well-being.

Money dysmorphia, a term referring to a distorted view of one's finances, is increasing among Generation Z and millennials, often driven by social media's portrayal of luxury and overnight success. This psychological condition can lead to anxiety, stress, and dissatisfaction regarding money, even for those who are financially stable. Money dysmorphia can trigger or exacerbate mental health conditions such as anxiety, depression, and eating disorders, and can create feelings of hopelessness and disempowerment about one's finances.

August 08, 2024
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