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Millennials and Gen-Z Are Facing Money Dysmorphia—Here’s What That Means

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I didn’t dream about my wedding day or meeting my Prince Charming as a little girl. Instead, I fantasized about high-end fashion, nice cars, and a life of luxury. Thankfully, my desire for financial independence has always kept me in check. My savings account covers more than three months’ worth of expenses, I pay my bills in full and on time, and I have minimal debt. All of this should be comforting. Yet, inflation, coupled with mass layoffs in my industry, has left me anxious about money. And consistent exposure to other people’s gorgeous homes and extravagant vacations on social media has only intensified it, making me wonder what I must be doing wrong that I don’t have the same luxuries.

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Somewhere along the way, social media became my financial measuring stick, and this is a problem plaguing countless others, too. Apparently, this financial anxiety has become so commonplace that the internet’s given life to the term “money dysmorphia.” Of course, it’s always nice to know you’re not alone in your financial fears. Yet, I think we can all agree that feeling financially stable and confident is the better alternative. So, determined to get back to this point, I sought to learn more about money dysmorphia, how it affects us, and what to do about it. Ahead, everything you need to know if you’re feeling it, too.

In this article 1 What is money dysmorphia? 2 Why do people experience money dysmorphia? 3 What to do if you’re experiencing money dysmorphia

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