The Indicator from Planet Money Why Gen Z is feeling 'money dysmorphia'
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Jun 2, 2025 Many young people today feel financially insecure despite having more wealth than previous generations. This phenomenon, dubbed 'money dysmorphia', highlights their disconnect between reality and perception. The discussion dives into how social media and societal pressures amplify feelings of inadequacy. A neuroscientist explains this psychological struggle and its roots in economic dissatisfaction. Additionally, the podcast explores how rising expectations can impact happiness, especially among women, revealing a deeper quest for fulfillment.
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Wilder's Money Anxiety Story
- Wilder Troxell, a Gen Zer in Brooklyn, shares money stress despite working multiple jobs.
- His story shows common financial anxiety among young adults today.
Gen Z Wealth Yet Financial Stress
- Gen Z earns more and has more wealth than previous generations at the same age.
- Despite this, many still feel financial stress and dissatisfaction.
Habituation Reduces Joy Over Time
- Habituation causes reduced emotional response to constant positive circumstances.
- This diminishes joy from financial stability, making progress essential to happiness.
