Episode 542: The Financial Impact of Social Media


On Today’s Show

Rachel Cruze wants us to remember that social media isn’t all reality – it’s someone else’s highlight reel. It often leads to comparisons and discontentment, which can dead-end in debt. Stop spending too much money trying to keep up a lifestyle you think everyone else is living, and you’re missing out on. You don’t know what is going on in their lives.

Subscribe in iTunes | Subscribe in Stitcher

1 Simple Thing Action

Have boundaries with social media and know where you’re at in life. If you are in a moment feeling miserable, and it’s not a good place in life right now, then Instagram and Facebook might not be the place you want to live for 5 hours a day. It’s okay to take a break from social media for awhile and have a reality check for yourself. Also, don’t compare yourself to everyone’s highlight reel because it’s not reality and it’s not the whole picture. And consistently practice gratitude and learn to love your life and not everyone else’s


Rachel Cruze

  • Ramsey Personality
  • Teacher of Foundations in Personal Finance
  • #1 New York Times bestselling Author
  • Speaker

facebookCLICK HERE to connect with Rachel Cruze on Facebook

twitterCLICK HERE to connect with Rachel Cruze on Twitter

Review the Podcast in iTunes

If you enjoyed the show, please rate and review my podcast in iTunes. This will help tremendously in getting the word out. Thanks!

1 Simple Thing is featured in Inc. Magazine

“100 Podcasts To Make You Better, Smarter, & Wiser” CLICK HERE to check out the article. Find us at #29.

Print Friendly

This Article Was Written By

Manuel Serrano

Leave a Comment