Knowing The Doom Sharing Phenomenon, An Impulsive Shopping Trend That Makes Gen Z And Millennials Fall Poor

Illustration of impulsive spending (Pixabay)

YOGYAKARTA Recently, the phenomenon of endings has become a hot topic of conversation on social media timelines.

This phenomenon arises as a stress reaction to the uncertain economic situation, making a person spend money in an implicit manner to shop for unnecessary goods.

Interestingly, most of the actors who practice spending come from Generation Z and millennials.

So, what is shopping? How to prevent it? Check out the summary of the information in the following reviews.

According to Psychology Today, ending is a behavior where someone shops without thinking, to calm down because they feel pessimistic about their economy and future.

According to City University of New York's Professor of Health Policy and Management, Bruce Y Lee, domestic spending arises when a person feels pressured by situations such as political turmoil in the United States (US), climate chaos everywhere, and other things. In the midst of economic uncertainty, people buy more stuff to deal with that stress. This phenomenon is not only in Uncle Sam's country, but happens globally

Quoting Bloomberg, the phenomenon of ending is usually caused by external factors, such as global economic instability or the inequality of wealth between the general public and the super-rich class.

The phenomenon of spending is considered a bad behavioral silvertique because it makes a person shop excessively and unplanned. The impact, Generation Z and Millennials and poorer than the previous generation.

How To Prevent Doom Sharing

According to US News, here are some ways that Ada can do to prevent ending:

The first way to prevent the first ending is to automate certain, more positive, so there is no need to rely on the will for a moment.

Automatically your bill payments, savings, and/or investment. next, consider how you can stay active and entertained without spending a lot of money.

The second tip is to create an expenditure framework. One of the recommended methods is the 50/30/20 rule.

This expenditure framework requires you to allocate 50 percent of revenue for essential expenses, 30 percent for discresioner issuance, and 20 percent for other purposes.

With this method, you can use some of the money to make sure while ensuring you also have a financial plan for long-term purposes.

Spending money to please yourself is very important because it can increase happiness. However, this could be a problem if your expenses are out of control or are not part of a bigger financial plan.

Therefore, it is important to understand financial problems, raise awareness, and encourage responsible shopping habits.

Shopping activities can indeed relieve stress and make you calmer. However, calm is only temporary.

It is very important to identify basic emotions that can make you spend money impulsively, thus helping you develop a healthier handling mechanism.

That's information about the phenomenon of ending. Get news updates of other options only on VOI.ID.