8min chapter

Psychology of Financial Planning Podcast  cover image

Investor FOMO...and what advisors can do about it

Psychology of Financial Planning Podcast

CHAPTER

Social Comparison and its Influence on Our Relationship with Money

This chapter explores the concept of social comparison and its impact on our attitudes towards money. It discusses the role of social media in amplifying feelings of lack and envy, and examines how financial advisors can address client concerns about comparing their investment returns to others.

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