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Surprising Ways Social Media Can Affect Your Credit Card Balance
However, while businesses are watching out for their bottom lines, you need to watch out for yours. The trick is to still keep using social media for the social part, but keep it separate from the financial. Here are some ways to do that.
Avoid buying into fast-paced decision making
Before social media became mainstream, we used to make our purchasing decisions at a much slower pace. We took our time to comparison shop, gather information from a variety of sources, and ask friends or neighbours for their opinions. It used to take days or hours to make a spending decision. Now, in the middle of making our spending decisions, we have instant reviews from strangers, opinions from friends, and comparison shopping opportunities at our fingertips. It takes mere moments, followed by a click or a tap,