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Four in 10 millennials "can't live" without social media, according to research. Researchers who polled 2,000 UK adults aged 15 to 24 found they are more and more dependent on the likes of Facebook, Twitter and Instagram and could not bear to be away from it. On common they will check up on the latest posts from associates, family and big-name celebs an incredible 30 occasions a day. The findings emerged as the Royal Society for Public Well being (RSPH) called on young folks to chop down their social media usage - with 1000's expected to participate in "Scroll Free September".

However the research commissioned by Barclays discovered social media is not only a drain on our time - it’s also leaving a dent in our pockets. Greater than half have purchased items endorsed by celebrities or influencers on social media, while one fifth instantly blame it for a lack of savings.

Fifty-three per cent imagine their financial institution balances would be in a much better shape if wasn’t for tempting posts in their social media feeds. The truth is, young Brits would have £398.76 extra in their savings accounts on average - that’s a whopping £3 billion collectively. Because of this, 52 per cent of these polled would like celebs and other big-identify social media influencers to offer more recommendation and assist on how to save lots of cash.

In an effort to vary online spending habits, lifestyle blogger, Jasmine Cecilia Jonas, has teamed-up with Barclays to help young Brits can save money - and still get their repair of social media. Jasmine Cecilia Jonas said: “It sounds easy, however my recommendation is to at all times spend inside your means. “It’s very simple to flick through an influencer’s feed and see a ‘dream lifestyle’ that you wish to lead too, but many individuals don’t realise that nearly all of clothes, holidays and experiences displayed have truly been given as gifts. 1. Sleep on it - As a substitute of buying objects on impulse take a second to think about whether or not you really need it.

• Write a DIY collection that promotes your product


• Create a buyer loyalty program to encourage future purchases and referrals


• Use the 80/20 Rule to Optimize Your Content Advertising


• Nearly all Web surfers use social media in the present day. They just might not understand it

Whenever you feel the urge to buy one thing on social media ask your self “can I afford this right now? ” or “do I produce other issues I want more? ” If you happen to actually need something, sleep on it for a night time - it's possible you'll discover it doesn’t seem as essential the subsequent day. 2. Ditch the apps - If you wish to steer clear of temptation have you ever thought of eradicating your buying and social media apps out of your cellphone?

It’s wonderful how much much less attractive a ‘boredom browse’ becomes when it is advisable login by your browser. 3. Flip the notifications off - Turning these pesky notifications off ought to hopefully mean you’re much less more likely to check social media - in-flip saving you from being drawn into the cycle of scrolling and doubtlessly buying.

4. Take a picture - If you’re saving for something particular like a holiday with buddies or a deposit for a house, why not put a photograph of your purpose because the backdrop on your telephone. Having this visual reminder will assist inspire you to stick with your saving objectives and never splash out on non-essentials.

6. Divvy it up - When all of it sits in one place it can be easy to dip into the cash you want for payments or what you wanted to avoid wasting that month. So why not split it up? You can arrange a monthly standing order to redirect something as small as £1 straight from your current account into a financial savings account on pay day, maintaining that money safe from temptation. 7. Set a timer - Social media has many optimistic advantages corresponding to maintaining in touch with pals, and all of us get pleasure from a bit of way of life inspiration.

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