Are you missing out on the BOGO? Or is that just your FOMO?

Answer: 63%

Questions:

• What is FOMO? How would you describe it?
• Have you ever experienced FOMO? How has it ever impacted your spending behavior?
• How can you avoid overspending due to social factors like FOMO?

Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (CouponCabin):

"But sometimes simply cutting back on your budget isn’t enough. 17% of respondents say they've postponed saving for retirement to afford social events, trading future financial security for a night out. Going further, 63% of respondents have gone into debt to participate in a social event, with men 12% more likely to do so than women."

About the Author

Kathryn Dawson

Kathryn (she/her) is excited to join the NGPF team after 9 years of experience in education as a mentor, tutor, and special education teacher. She is a graduate of Cornell University with a degree in policy analysis and management and has a master's degree in education from Brooklyn College. Kathryn is looking forward to bringing her passion for accessibility and educational justice into curriculum design at NGPF. During her free time, Kathryn loves embarking on cooking projects, walking around her Seattle neighborhood with her dog, or lounging in a hammock with a book.