July 8, 2024 ~ Lucy Ann Lance talks with Nicole Bernacik, Financial Education Specialist, UMCU. They discuss “money dysmorphia,” a condition characterized by a distorted and irrational preoccupation with one’s finances, often exacerbated by social media. This phenomenon leads individuals to compare their financial status to others online, resulting in skewed self-perceptions, emotional distress, anxiety, and harmful financial behaviors. Younger generations, such as Gen Z and millennials, are particularly susceptible due to their extensive social media use.