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🤍 Last chance to take advantage of up to 50% off Wispence Pro for Women's Health and Fitness Day! Get workout plans, nutrition, and support via this link: https://try.wispence.com/fitnessday_usa What does it really mean to live a successful life? Open Instagram or TikTok, and it feels like success equals owning luxury goods – a $10,000 designer bag, luxury clothes shopping sprees, or a perfectly filtered lifestyle. However, behind all the glamorous pictures, a deeper question: why do we buy luxury goods, and are luxury brands truly worth it? In this video, I share my personal story about consumerism, self-worth, and the psychology of luxury, examining how social media has altered our understanding of success and happiness. 💡 In this video, you will learn: • Why do so many people equate a successful life with expensive brands and a luxury lifestyle • The truth behind luxury brand psychology: why luxury brands keep you poor • How personal finance decisions are shaped by social pressure and influencer marketing • The emotional cost of overconsumption and the myth that luxury equals success • Why luxury fashion is for broke people and how to escape the trap of material validation • What makes luxury overrated, and how to redefine your worth beyond luxury items for women • Real talk about personal life, priorities, and finding happiness outside of luxury clothes shopping ⏱️ Timecodes: 00:00 What this video is about 01:09 Answering a subscriber’s question 01:46 Personal story: why I don’t buy a $10,000 bag, even though I can afford it 03:28 What true luxury is 03:55 My style, favorite mid-range brands that are closer to me than luxury 04:32 How, as my income grew, I realized that I had too many things and less joy 05:09 Los Angeles culture: why even luxury doesn't impress here 05:56 Why brands in Ukraine are about “I did it,” while in the US, they’re just a detail of lifestyle 08:11 Scarcity, social pressure, and cultural memory: how this shaped our values 08:57 The influence of social media and shopping addiction 10:10 Why consumption seems “normal,” but is actually a form of addiction 11:11 How culture would change if influencers stopped advertising branded items 11:57 When luxury becomes a problem: people get into debt to look “successful” 12:19 What it means to be a “brand” without logos 13:09 Remind yourself that you are more valuable than things My Instagram: / elinafedorova 💙 If this video resonates with you, please support it: 👍 Tap like – it helps more people find this video. 🔔 Subscribe so we can keep having these honest conversations together. 💬 Share your thoughts in the comments: Do you think luxury brands actually make people happier, or just make life look more successful online? 🫶🏻 My name is Elina Fedorova – I’m the founder of the fitness platform Wispence, a model, and a blogger based in Los Angeles. On my channel, I share beauty and wellness tips, insights on psychology, relationships, style, and fashion, along with personal stories about living in the U.S., building a modeling career, and so much more. I also regularly post vlogs that offer a behind-the-scenes look into my daily life. Thank you for watching this video! See you soon! 💛