Avoid FOMO
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How to Avoid FOMO Spending
The psychological trigger known as FOMO or fear of missing out drives people to spend money in order to stay up with others trends or social expectations. Social media exacerbates this anxiety in the current digital era. People frequently make rash purchases in an attempt to feel included because they compare their lives to the carefully manicured highlight reels of…
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How to Avoid FOMO in Investment
Investing is now easier than ever in the digital age. Anybody can purchase stocks, cryptocurrencies or mutual funds with a few smartphone taps. FOMO or the fear of missing out is one of the most prevalent psychological issues brought on by this convenience. In the context of investing FOMO is the emotional reaction that occurs when we observe others appear…
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