In the social media age, it’s challenging to know what’s ‘normal’ for your finances. How are others able to afford lavish trips and expensive dinners? Are your friends getting ahead while you’re left behind? Will you be able to afford your long-term goals? This confusion has inspired a new term – money dysmorphia. And for some, this disconnect can mean worry, low self-esteem and a you-only-live-once spending mentality.
Shannon Lee Simmons is a Certified Financial Planner and author. She’s on the show to explain what’s driving all this stress, its effect and what we can all do to have healthier relationships with money.
Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com
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