Survey: Social media makes nearly half of Gen Z and millennials feel negatively about their finances

More than one in three US adults who have social media say they have felt negatively about their finances after seeing others’ posts, according to a new Bankrate poll. — Dreamstime/TNS

Social media has long been lambasted for making users feel poorly about their accomplishments or lifestyles. Turns out, it can make people feel bad about their money, too.

More than one in three US adults who have social media (34%) say they have felt negatively about their finances after seeing others’ posts, according to a new Bankrate poll. Those feelings included jealousy, inadequacy, anxiety, shame and anger.