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The impact of social media on a student's ability to save money
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[QUOTE="rubesh, post: 324244, member: 94046"] Excellent points! Social media can indeed have a negative impact on a student's ability to save money. The constant bombardment of advertisements and peer pressure to keep up with trends can make it challenging to resist impulse purchases and prioritize saving. The convenience of online shopping and same-day delivery can also contribute to the mindset of quick satisfaction and excessive spending. Moreover, the culture of consumerism promoted by social media can lead to unrealistic expectations and pressure to spend money on unnecessary things. However, students can counter these effects by developing the right mindset and strategies, such as setting clear financial goals, creating a budget, avoiding comparison with others, and limiting time spent on social media. [/QUOTE]
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