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Benzinga
Benzinga
Business
Adrian Volenik

Financial FOMO Is Real—57% Have Made Money Decisions Based On Social Media, And 73% Say It's Changed How They Spend Or Save

Empower Millennials
Showing,Social,Media,Apps,Icons,Of,Facebook,,Telegram,,Instagram,,Youtube,

More than half of Americans admit they've made a financial move—whether it's a purchase, an investment, or opening a credit card—because of what they saw online. According to a March survey by Empower, 57% say social media has influenced their financial decisions, and 73% say it’s changed how they spend, save, or invest.

Younger Generations Feel It The Most

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