The hosts discuss how social media amplifies FOMO (fear of missing out) by showing curated posts of others' experiences, leading to feelings of unhappiness and discontent with one's own life. They explore the dynamics of FOMO and its impact on people's happiness.
Dr. Charles and Dr. Brad open the show talking about FOMO and how it can impact a client's risk profile as well as their communication with their advisor. They then talk about ways that advisors can plan for and respond to FOMO both during and in the beginning of the client-planner relationship.