03 Jan '17, 4am

Why social media will make you spend more money:

Why social media will make you spend more money:

It is well-known that social media has the ability to make you feel better or worse, but research has emerged that the effects of social media use extend even to how we spend our money. What you’ve always suspected has been confirmed: regularly browsing Facebook, Instagram and Pinterest causes you to spend more money. But this is not because of digital advertising, even though regular consumption of social media increases your exposure to more invasive advertising messages. Rather, it’s the way social media influences our emotions that causes us to reach for our credit cards more often. 1. Having Close Facebook Friends Make You Spend Money Building a strong network of close friends is important to your psychological health. However, your primary group of friends has also been shown to influence your decisions in various significant ways. When you combine that influence wit...

Full article: http://www.herworldplus.com/lifestyle/money/why-social-me...

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