Dave Ramsey Critiques Instagram 'Rich': Many Appear Wealthy but Are Actually Broke

Reported 3 months ago

Financial expert Dave Ramsey warns against the deceptive nature of wealth displayed on social media, suggesting that extravagant lifestyles often mask financial insecurity. He highlights a growing trend termed 'money dysmorphic,' particularly among Gen Z, where individuals feel pressured to overspend to keep up with perceived financial standards. Ramsey argues that true wealth is defined not by material possessions but by the ability to give back, leave a legacy, and have lifestyle choices, emphasizing that many Americans already embody these qualities.

Source: YAHOO

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