Tigers Talk Money: How FOMO Drives Impulse Spending
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Tigers Talk Money: How FOMO Drives Impulse Spending
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In this episode of Tigers Talk Money, host Jonas C. Sheckler, Assistant Director of Financial Well-being of TU's Career Center, speaks with Connor Smith ’23, Events Coordinator of TU's Career Center, to explore how FOMO (fear of missing out) and social media culture shape the way we spend. Through personal stories and reflection, they discuss how feelings of regret, disappointment, and comparison can push people toward experiences or purchases they were never planning to make.
Jonas and Connor also unpack the difference between impulsive spending and compulsive spending, and how quick dopamine hits from online shopping, fast fashion apps, and one-click purchases make it easier than ever to spend without thinking. The episode also examines how social media influencers and subtle advertising tactics influence financial decisions, often without clear disclosure.
Together, Jonas and Connor discuss the importance of transparency, media awareness, and slowing down financial decisions so listeners can build healthier relationships with money in a world designed to make them spend.