The Cost of Living Crisis: How to Deal with Fear Of Missing Out (FOMO)
It’s no secret that the cost of living is rising. Whether it’s the price of rent, groceries, or gas, it seems like everything is getting more and more expensive. And with wages staying stagnant, it’s no wonder that so many people are struggling to make ends meet. But what happens when the cost of living rises faster than your income? For many people, this can lead to a feeling of anxiety and even depression. One of the most common side effects of this financial insecurity is something called “Fear Of Missing Out” or FOMO.
What is FOMO?
FOMO is the feeling of anxiety or insecurity that comes from thinking you are missing out on something important. This could be a new job opportunity, a social event, or even just a new purchase. When you have FOMO, you might feel like you need to say “yes” to everything in order to keep up with those around you.
The Cost of Living Crisis
The cost of living crisis is real and it’s only getting worse. In some parts of the country, the cost of rent has increased by as much as 30% in the last 5 years. And with wages staying the same or even decreasing in some cases, it’s no wonder that so many people are struggling just to get by.
How to Deal with FOMO during the Cost of Living Crisis
If you’re struggling with FOMO during the cost of living crisis, there are a few things you can do to help ease your anxiety. First, try to be mindful of your spending. Just because someone else can afford to buy the latest iPhone doesn’t mean you need to as well. Second, don’t be afraid to say “no.” You don’t need to attend every social event or go out to eat every night. Finally, remember that everyone is in the same boat. You’re not the only one struggling to make ends meet.
The cost of living crisis is real and it’s affecting more and more people every day. If you’re struggling with FOMO during this time, try to be mindful of your spending, don’t be afraid to say “no,” and remember that everyone is in the same boat.
