Webinar
Financial Education in the Age of FOMO (rebroadcast)

Recorded on: Thursday, February 20
Duration: One hour
Cost: FREE
Speaker: Stacy Yanchuk Oleksy
Director of Education and Community Awareness
Credit Counseling Society

 

If you would like to request the webinar recap and supporting documentation, please complete the form on this page.

Keeping up with Joneses used to mean competing with your neighbors with homes, cars, and vacations. Now, thanks to social media, it means keeping up with the Kardashians with Instagram worthy shots of lavish homes, designer bags, and champagne trips on a beer budget.

 

A majority of Millennials report that social media wreaks havoc on their spending, and yet FOMO (fear of missing out) keeps leading them into debt. Add in the ease of accessing money via fintech (mobile payments), and it’s a perfect recipe for financial disaster.

 

How can we prepare students to say no in a world of nonstop peer pressure to spend, while technology makes it ever easier to do so?

 

In this Inceptia rebroadcast, originally presented in 2019, the impact still applies as we explore the effects of social media on spending and saving, the drawbacks of fintech, and how to tailor financial education programs to inform and empower students to resist.

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