TEENAGE SELF-ESTEEM VS. SOCIAL MEDIA
deposit the knowledge, experiences, strategies, and lessons learned by family members (learn more about establishing your family’s own Legacy Bank in the July issue of the newsletter — find it at WealthIn3D.com. ) Having a functional Legacy Bank in place, with the family actively participating in contributing to and withdrawing from the bank, empowers future generations to have early access to moving forward in developing their own KASH and cash. Unlike the Entitlement Cycle, the next generation doesn’t have to start all over again from scratch. They can piggyback on the Authentic Wealth of the previous
WHAT TO KNOW AND HOW TO SPEND TIME ELSEWHERE
According to Mayo Clinic, nearly 97% of kids aged 13–17 years old use social media, whether it's YouTube, Facebook, Twitter, Instagram, or another platform. Although these platforms come with major benefits — such as staying in touch with distant family and friends — it’s a good idea to keep an eye on your teen’s social media usage. Research shows that using social media more than three hours a day can increase risk of mental health problems, including anxiety and depression. It can also cripple a teen’s ability to build their Foundational Dimension because it replaces vital face-to-face interactions with digital ones that are less effective at building strong relationships. Here’s a look at a teen’s brain on social media — and how you can help. THE PROVEN RISK FACTORS Social media affects everyone a little differently. For teens, thankfully, there are some studies about these differences. Beyond simply the number of hours spent on social media, there are other ways that researchers have noticed the negative impact of social media on teens. A 2016 study of more than 450 teens found that greater social media use, nighttime social media use, and emotional investment in social media (such as feeling upset when prevented from logging on) were linked to worse sleep quality and higher levels of anxiety and depression. It even matters how the teen is using social media. Are they interacting or only looking? A 2015 study found that social comparison and feedback seeking by teens using social media were linked to depressive symptoms. Additionally, a 2013 study showed that older adolescents who used social media passively, such as simply looking at pictures, reported declines in life satisfaction. In contrast, participants who used social media to interact with others and post their own content didn’t experience these declines. THE ALTERNATIVES Instead of staring at a screen, encourage the teens in your life to spend time face-to-face with their classmates and friends; that’s especially important for teens who are vulnerable to social anxiety. Remind them that certain behaviors aren’t okay on social media: gossiping, spreading rumors, bullying, or damaging someone’s reputation (online or otherwise). Even if these activities can seem harmless at first, they are extremely damaging and hurtful to the people involved. Face-to-face contact is one of the most promising ways to deflect the negative aspects of social media. Don’t miss a chance to give the teens you love the one-on-one time that they may need.
generation and take it to the next level. If planned and executed well, this Abundance Cycle can go on for generations to come —something we all want for our families.
– Doug Andrew
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