Financial dysmorphia is a psychological condition where individuals misperceive their financial situations, leading to anxiety and fear of inadequacy. Studies reveal that a significant percentage of Generation Z and millennials feel financially insecure despite having healthy savings. Influencers on social media contribute to this distorted perception, creating unrealistic financial standards. To overcome financial dysmorphia, experts suggest reassessing one’s finances, reducing social media exposure, and seeking professional advice to gain a clearer understanding of true financial health.
Read the full article
