As 'bougie broke' videos trend on social media, experts say that's not necessarily a bad thing
Publishing timestamp: 2023-07-08 09:00:01
Summary
3) The article discusses the trend of "bougie broke" videos on social media platforms like TikTok and Instagram. These videos showcase a lifestyle that appears lavish and expensive, but the creators reveal that they are actually struggling financially. The article suggests that this trend may help remove the stigma around discussing money and spending decisions, as well as highlight the fact that appearances can be deceiving. It also mentions the trend of "premium mediocre" and the shift towards quiet luxury among the wealthy. Overall, the article explores the impact of these trends on people's perceptions of wealth and spending.
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Keywords: income disparity, personal finance, personal loans, wells fargo & co, u.s. economy, business news, recessions and depressions, personal spending, lifestyle, consumer spending, social issues, wage gap, personal income, personal debt, social media,
Source: https://www.cnbc.com/2023/07/08/as-bougie-broke-videos-trend-experts-say-thats-not-a-bad-thing.html