{"id":9140,"date":"2023-08-06T08:46:57","date_gmt":"2023-08-06T08:46:57","guid":{"rendered":"https:\/\/isafespend.com\/personal-finance\/savings\/money-hacks-is-fomo-impacting-your-savings\/"},"modified":"2023-08-06T08:47:05","modified_gmt":"2023-08-06T08:47:05","slug":"money-hacks-is-fomo-impacting-your-savings","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=9140","title":{"rendered":"MONEY HACKS: Is FOMO Impacting Your Savings?"},"content":{"rendered":"<div id=\"hs_cos_wrapper_post_body\">\n<p style=\"text-align: justify;\"><span style=\"font-family: tahoma, arial, helvetica, sans-serif;\">Over the last several years, a new \u201ccondition\u201d called FOMO, or the \u2018fear of missing out,\u2019 has struck people across the globe, young and old. The idea: we are afraid of missing out on an experience \u2013 something cool! So, instead of being prudent \u2013 we just do it, which often means spending instead of saving. For example, let\u2019s say your friend invites you to a concert hundreds of miles away. While you really don\u2019t have the money saved to take the trip, you do it anyway because you\u2019re worried you\u2019ll be left out. In this video, I talk about a recent article citing FOMO as a major disruption to our finances and my view on how you can resist overspending to enjoy more of your life. \u00a0Also, here\u2019s the initial article.<\/span><\/p>\n<div class=\"hs-embed-wrapper\" data-service=\"youtube\" data-responsive=\"true\" style=\"position: relative; overflow: hidden; width: 100%; height: auto; padding: 0px; max-width: 500px; max-height: 375px; min-width: 256px; display: block; margin: auto;\">\n<div class=\"hs-embed-content-wrapper\">\n<p><iframe loading=\"lazy\" title=\"Money Hacks Episode 043: Is FOMO Impacting Your Savings?\" width=\"768\" height=\"432\" src=\"https:\/\/www.youtube.com\/embed\/RE2Qxnj7vgQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<\/div>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<span style=\"font-family: tahoma, arial, helvetica, sans-serif; font-size: 1rem; text-align: justify; background-color: transparent;\">If you have a money question you&#8217;d like answered, don&#8217;t forget to\u00a0<\/span>email<span style=\"font-family: tahoma, arial, helvetica, sans-serif; font-size: 1rem; text-align: justify; background-color: transparent;\">\u00a0us! This series is made from calls and questions we get from employees, investors, savers, and people just planning for their future,\u00a0so if you have a question,\u00a0<\/span>let us know<span style=\"font-family: tahoma, arial, helvetica, sans-serif; font-size: 1rem; text-align: justify; background-color: transparent;\">!\u00a0<\/span><\/p>\n<\/div>\n<p><script>(function(d, s, id) {\n  var js, fjs = d.getElementsByTagName(s)[0];\n  if (d.getElementById(id)) return;\n  js = d.createElement(s); js.id = id;\n  js.src = \"\/\/connect.facebook.net\/en_GB\/all.js#xfbml=1&status=0\";\n  fjs.parentNode.insertBefore(js, fjs);\n}(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/moneynav.com\/blog\/fomo-impacting-savings?hsLang=en\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the last several years, a new \u201ccondition\u201d called FOMO, or the \u2018fear of missing out,\u2019 has struck people across the globe, young and old. The idea: we are afraid of missing out on an experience \u2013 something cool! So, instead of being prudent \u2013 we just do it, which often means spending instead of<\/p>\n","protected":false},"author":1,"featured_media":9141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[54],"tags":[32],"class_list":{"0":"post-9140","1":"post","2":"type-post","3":"status-publish","4":"format-gallery","5":"has-post-thumbnail","7":"category-savings","8":"tag-featured","9":"post_format-post-format-gallery"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MONEY HACKS: Is FOMO Impacting Your Savings? | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Over the last several years, a new \u201ccondition\u201d called FOMO, or the \u2018fear of missing out,\u2019 has struck people across the globe, young and old. 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