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Your emotional spending and consumerism is keeping you broke and today I’ll explain why that may be and ways to dodge emotional spending and overconsumption.#socialcommentary #videoessay Sources: Average American Debt in 2024: Household Debt Statistics https://www.businessinsider.com/perso... How Emotions Impact Your Financial Decisions: https://www.psychologytoday.com/us/bl... What Is Emotional Spending? https://www.experian.com/blogs/ask-ex... Share of six-figure earners living paycheck to paycheck jumps, report finds. Advisor offers ways to break the cycle https://www.cnbc.com/2023/05/24/share... Chapters 00:00) Intro: Emotional Spending and Debt (00:24) The Impact of Emotions on Financial Decisions (01:25) Consequences of Unchecked Emotional Spending (02:20) The Desire for Material Goods and Debt Accumulation (03:18) Reflections on Purchasing Luxury Items (05:09) Confronting Financial Secrets and Debt Burdens (06:29) Importance of Emotional Intelligence and Financial Literacy (08:00) The Illusion of the American Dream (09:22) The Influence of Corporations on Emotional Spending (10:15) Overcoming Mindset Barriers to Financial Stability (11:40) Surrounding Yourself with Financially Savvy Peers (12:32) Self-Reflection on Spending Habits and Priorities (13:31) Breaking Free from Consumerism and Building Wealth (14:24) Conclusion: Encouragement for Mindset Change and Financial Literacy Emotional Spending, Consumerism, Debt, Financial Literacy, Financial Decisions, Budgeting, Money Management, Wealth Building, Mindset Change, Financial Stability, Personal Finance, Saving Money, Overcoming Debt, Lifestyle Choices, Financial Freedom, Managing Emotions, Breaking Habits, Building Wealth, Financial Education, overconsumption, smart spending, financial independence, frugal living, financial empowerment, financial wellness, video essay, social media, that girl, it girl, social media, social commentary, commentary, commentary video, trends, commentary genre, self-care, self-help, critical theory, literature, literary theory, critical lens, video essay, criticism, fake reality, internet, digital, instagram, tiktok, gen-z, language, communication, signs, philosophy, sociology, media, fake news, content creation, content, beauty standards, beauty ideals, trends, pure imagination, world, fiction, dystopia,