SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Social media has become such a pervasive part of our lives, we're often not even aware of the ways it pushes us to spend more money. Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. sources: https://www.aarp.org/money/budgeting-saving/info-2014/spending-money-on-social-media.html https://www.aarp.org/money/budgeting-saving/info-12-2013/saving-money-with-social-media.html https://www.researchgate.net/publication/256035785_Are_Close_Friends_the_Enemy_Online_Social_Networks_Self-Esteem_and_Self-Control https://www8.gsb.columbia.edu/newsroom/newsn/2243/social-networks-may-inflate-selfesteem-reduce-selfcontrol https://www.newsy.com/stories/social-media-is-influencing-millennial-spending-habits/ https://www.cnbc.com/2018/03/15/social-media-may-make-you-overspend-and-its-not-just-because-of-ads.html https://theconversation.com/sharing-your-shopping-on-social-media-can-damage-your-health-and-your-wallet-100591 https://www.collinscu.org/whats-new/blog-press/how-social-media-is-affecting-your-spending#:~:text=Social%20media%20has%20a%20powerful,if%20you%20are%20not%20careful. https://www.financialaffairs.com.au/news-source/four-ways-social-media-affects-our-spending https://www.entrepreneur.com/article/307747 https://www.adweek.com/digital/fullscreens-research-finds-gen-z-enjoys-branded-content-more-than-Millennials/ https://www.mentalfloss.com/article/63855/why-saturday-morning-cartoons-announced-theyd-be-back-after-these-messages https://www.cosmopolitan.com/uk/reports/a23577731/influencer-rules-instagram-asa/#:~:text=What%20influencers%20have%20to%20say,can%20be%20in%20hashtag%20form. https://prosandcontent.knotch.com/posts/native-advertising-vs-br