{"id":11643,"date":"2024-05-14T13:58:27","date_gmt":"2024-05-14T13:58:27","guid":{"rendered":"https:\/\/imsfund.com\/?p=11643"},"modified":"2024-05-14T13:58:27","modified_gmt":"2024-05-14T13:58:27","slug":"this-toxic-money-habit-could-derail-your-financial-planning","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2024\/05\/14\/this-toxic-money-habit-could-derail-your-financial-planning\/","title":{"rendered":"This Toxic Money Habit Could Derail Your Financial Planning"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Many Americans believe <a href=\"https:\/\/www.entrepreneur.com\/science-technology\/6-easy-ways-social-media-can-strengthen-your-brand\/467363\">social media<\/a> offers an inaccurate picture of <a href=\"https:\/\/www.entrepreneur.com\/leadership\/4-critical-traits-you-need-to-build-wealth\/415142\">wealth and success<\/a>; 57% of social media users say that people post to appear more successful, and 51% of users say that social media depicts &#8220;unrealistic lifestyles,&#8221; according to a 2023 Bankrate <a href=\"https:\/\/www.bankrate.com\/personal-finance\/social-media-survey\/\">survey<\/a>.<\/p>\n<p>Even so, many of them can&#8217;t help but get caught up in the cycle of comparison. Between 2022 and 2023, U.S. adults spent $71 billion on &#8220;<a href=\"https:\/\/www.entrepreneur.com\/growing-a-business\/why-cant-we-resist-black-friday-a-behavioral-economist\/439143\">impulse buys<\/a>&#8221; they were influenced to make by social media, per Bankrate&#8217;s data \u2014 a fact that backs up an increase in &#8220;money dysmorphia.&#8221;<\/p>\n<p><b>Related: <a href=\"https:\/\/www.entrepreneur.com\/money-finance\/money-secrets-that-turn-relationships-toxic-from-an-expert\/471391\">These 5 Money Secrets Can Turn Healthy Relationships Toxic, Financial Therapist Warns<\/a><\/b><\/p>\n<div class=\" bg-gray-100 flex flex-col sm:flex-row rounded-lg p-6 align-middle sm:text-left text-center\">\n<div class=\"flex flex-col justify-center align-middle mr-0 sm:mr-16\">\n<p class=\"text-sm leading-5 my-0\">\n      The rest of this article is locked.\n    <\/p>\n<p class=\"text-xl text-black font-bold leading-5 my-1\">\n      Join Entrepreneur<span class=\"text-yellow-500\">+<\/span> today for access.\n    <\/p>\n<\/p><\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/money-finance\/this-toxic-money-habit-could-derail-your-financial-planning\/473407\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many Americans believe social media offers an inaccurate picture of wealth and success; 57% of social media users say that people post to appear more successful, and 51% of users say that social media depicts &#8220;unrealistic lifestyles,&#8221; according to a 2023 Bankrate survey. Even so, many of them can&#8217;t help but get caught up in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":11644,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1715631264-toxic-money-habits-0524-g155385895.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-11643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/11643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=11643"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/11643\/revisions"}],"predecessor-version":[{"id":11645,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/11643\/revisions\/11645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/11644"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=11643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=11643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=11643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}