Consumerism is destroying our planet and our wallets – and here's how. In this video essay, we discuss the ad-driven world we live in, the impact of consumerism on our personal finances, mental health and the environment, and what we can do to fight consumerism.

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How Consumerism is Ruining Our Planet and Our Finances: Consumerism is a problem for the earth and your wallet (hence your finances) because it tricks you into buying things you don't need. We're told, "Buy, buy, buy!" Spend money! Go shopping! Always buy the latest and newest!" But constant consumption keeps you trapped in a never-ending cycle of always wanting more, always spending more, and never being satisfied. It's time we all broke out of it. We must reject consumerism by living more simply, buying secondhand items (buying secondhand), embracing minimalism, and investing in experiences instead of things. By rejecting overconsumption, we can improve our money habits, save and invest more money, and work toward our financial goals.

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#minimalism #videoessay #environmentalprotection #consumerism #personalfinance #degrowth

Sources:
– https://www.businessinsider.com/high-earning-henry-millennials-six-figure-salaries-feel-broke-2021-6?r=US&IR=T
– https://eu.usatoday.com/story/money/2019/05/07/americans-spend-thousands-on-nonessentials/39450207/
– https://www.nationalgeographic.com/environment/article/consumerism-earth-suffers

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