185: 6 Ways Social Media Causes Us to Overspend
Maximized Minimalist Podcast
Katy Wells
4.8 • 936 Ratings
🗓️ 11 January 2023
⏱️ 22 minutes
🧾️ Download transcript
Summary
Today I share six ways social media causes us to buy too much stuff. Some are really surprising!
Whether you spend an hour a month or an hour a day on social media, this episode is a must listen.
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Transcript
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| 0:00.0 | What does it mean to live more with less? I'm Katie Wells and welcome to the Maximized Minimalist |
| 0:07.7 | podcast. If you found yourself caught up in the hamster wheel of modern day motherhood and want to |
| 0:14.1 | rewrite the script, congratulations you're in the right place. I'm here to be your guide and help you take |
| 0:20.6 | back your motherhood |
| 0:21.6 | and achieve a simpler, more joy-filled life. Cheers to being a maximized minimalist. Enjoy the show. |
| 0:29.5 | All platforms are designed with addiction in mind. The more eyeballs on their platform, |
| 0:35.1 | the more users, the more money they make. They do whatever they |
| 0:39.4 | have to do to get you to stay longer. They play on our most basic social impulses in social needs. |
| 0:46.4 | What it gives you is a dopamine boost that you get that initially makes you think you're |
| 0:50.9 | satisfying this social urge to connect with other people. But because social |
| 0:55.4 | media doesn't actually fulfill that, what happens is you end up needing to go back more and more and |
| 1:01.1 | more. And we learn to pick up our phone and chase the feeling of connection through the phone. |
| 1:05.9 | It's luring us back time and time again. This is a compiled quote I put together from author Max Fisher in his book, |
| 1:14.6 | The Chaos Machine, the Inside Story of how social media rewired our minds and world. This was one of my |
| 1:21.5 | most recent reads at the end of 2022. And holy cow, it was equal parts enlightening and terrifying. And also reminded me |
| 1:31.8 | that of all the things that social media can influence, which is far beyond consuming and buying |
| 1:38.1 | stuff, but for what I like to discuss, that's what we're going to be talking about today, |
| 1:43.5 | how social media |
| 1:44.2 | and all the different ways it can cause us to buy all the stuff that ultimately drains our bank |
| 1:49.6 | account, creates clutter, stresses us out, and honestly gets us further from, not closer to |
| 1:55.8 | happiness and contentment. So one huge way social media causes us to overconsume, and you guys know this |
| 2:02.9 | answer, it's ads. Holy Canoli, so many advertisements on social media. Did you know that 97% of |
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