Two in three Americans believe that social networks encourage overspending

According to the WalletHub survey, 43% of Americans polled would describe celebrity product recommendations on social media as ‘bad’. — AFP Relaxnews

You've probably noticed that when you spend time on social media, it's impossible not to come across an advert for a new dress or gadget. While shopping on social networks has become popular, users are nonetheless wary. In fact, according to one survey, two in three Americans think that social networks promote overspending.

Social networks have revolutionised the way we communicate, but they're also changing our shopping habits. While more than four in ten Gen Z consumers and Millennials make a purchase via Pinterest Shopping at least once a month, it would seem that some don't necessarily see social media shopping in a positive light.