We’ve all had that upsetting experience of checking our bank account to see that we’ve already spent all our money. The worst part is when you can’t even recall what you’ve spent it all on. That’s not to say you literally don’t remember making purchases or someone hacked your account, we’re talking about when you truly spent the money but didn’t realize how much you were draining your account. If you experience that regularly, you may have money dysmorphia.
In 2013, Qualtrics conducted a survey which revealed that 44% of Generation Z and 46% of Millennials admit they are “obsessed with the idea of being rich,” compared to the average of 27% among other age groups. Those numbers would explain why so many people seem to have money dysmorphia. Money dysmorphia has been described as “having a distorted view of one’s finances that could lead them to make poor decisions.” Essentially, it means buying a bunch of stuff you can’t afford due to a lack of understanding about finances or simply getting caught up in trying to appear wealthy. Another survey found that 59% of Millennials and 48% of Gen Z are behind on their financial goals. Needless to say, these phenomena are causing one another.
Money coach Lisa Chastain blames social media for money dysmorphia. She explains that social media users are “unconsciously sold to, 24 hours a day.” She continues, “Social media has convinced 22-year-old kids that they should have vacations on the Amalfi Coast, Louis Vuitton Bags, and an HGTV kitchen before they’ve earned it.” Of course, the rising cost of living doesn’t help the situation either.
That said, there are social media influencers who teach money management tips. So, if you’re really unwilling to log off – we don’t blame you – that may be the solution.
The air is charged with anticipation in the sports world as the nominees for the 2023 Ballon d’Or are finally unveiled. This coveted individual accolade stands as the pinnacle of recognition in soccer. However, this year’s roster of nominees carries a shocking absence, a departure from the norm persisting for over two decades- Cristiano Ronaldo. As soccer enthusiasts eagerly await the grand revelation of the final result on October 30th, it’s time to delve into the intriguing array of nominations and snubs.
The Eighth Quest for Greatness
Lionel Messi, a name synonymous with athletic excellence, finds himself on the precipice of securing his eighth Ballon d’Or. Widely hailed as the “Greatest of All Time” (GOAT) in the soccer realm, Messi’s journey to this coveted accolade has gained momentum, thanks to his pivotal role in Argentina’s triumph at the 2022 World Cup. His potential eighth Ballon d’Or triumph would etch his name even deeper into the chronicles of sports history, particularly in light of the shocking absence of Cristiano Ronaldo this year.
The Rising Challenger
With Cristiano Ronaldo notably absent from the running, a fresh face has emerged as a potent adversary for Messi this year. Erling Haaland, the Norwegian “goal machine,” has enjoyed a truly remarkable season, notching up an astounding 52 goals in just 53 matches. Haaland’s contributions played a crucial role in Manchester City’s resounding success across the Premier League, FA Cup, and Champions League. His remarkable on-field prowess has captured the spotlight, positioning him as a formidable contender in the race for the 2023 Ballon d’Or.
The Astonishing Absence
The absence of the Portuguese sensation, with a storied history that boasts five previous Ballon d’Or triumphs and an astonishing two-decade streak of nominations, has left fans and experts in shock. As the anticipation builds for the crowning of the 2023 Ballon d’Or recipient, soccer fans are left to scrutinize and debate this puzzling absence.