The fake rich social media trend seems like harmful online content at first.
However, if you fall for this, it can take a serious toll on your life. To give you more idea, the fake rich social media trends when online users post their wealth. They publish videos, photos, and long posts to show their wealth.
Most of the time, their posts are about how they buy luxurious things, such as new cars or big houses.
Fake Rich Social Media Trend
The Entrepreneur reported that the fake rich social media trend is usually done by millennials; people born between the 1980s to 1990s).
In this photo illustration, social media apps are seen on a mobile phone on July 29, 2020, in Istanbul, Turkey. Turkey's parliament passed a new law Wednesday to regulate social media content. The law will require foreign social media companies to have an appointed Turkish-based representative to deal with any concerns authorities have over the content.
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Although posts about their riches are hard to believe, many of them do earn higher salaries. But, the main issue here is they spend beyond their real earnings.
Based on Levinson's Theory, millennials-especially those at the ages of 22 to 28-commit themselves to a role in life.
This means that they value accomplishments intensely during the early adulthood phase. Because they want to see themselves as well-established during this period, they always aim for higher salaries.
However, those who are not able to do this tend to pretend; to post their fake wealth and lifestyle on social media platforms.
Don't Fall For It! Here's Why
It is important to not fall into the fake rich social media trend since it can put pressure on you. Imagine seeing a person the same as your age who owns a Lambo or travels in different countries every month.
This can mentally affect some people, making them try to achieve this kind of lifestyle even if they can't afford it.
Once this happens, the affected individual can suffer from increased debt, lack of savings, as well as poor financial decisions.
If you are always seeing fake rich social media content, here are the red flags you can check:
- If some of their properties don't match one another. For example, if they have an expensive car and still living in a small apartment.
- They lack impulse when it comes to buying things. Real rich people always budget their money, investing them in things that can give them more earnings.
These are just some of the signs you can check to know if a social media influencer is really rich.
If you want to learn more about the fake rich social media trend, you can click here.
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