FaceApp trend is seen in many social media apps. When you scrolled down your Facebook or Instagram feeds today, you would see that your friends are getting 50 years older than they are. Yes, many people try the FaceApp to see how they will look like when getting older. The app is only for fun, actually. However, Megan Gorman notes for Forbes that the app teaches something about your future finance.
FaceApp Trend and the Need for Retirement Saving
When you see your face gets older in FaceApp, something may come in your mind. How will my retirement days be? Will my family have a healthy financial condition in the future? You may see yourself as a stranger in the app. Mostly, you will look like your mother or father, right? More importantly, by projecting your future, you may be encouraged to save more for your retirement.
The studies conducted by Hal E. Hershfield found that one of the methods to encourage people to save for retirement is viewing themselves older. Look at your parents and see how the living is. Do you want to be better than they are when you get older? This may sound unconventional. However, you can be motivated to take steps in anticipating your older retirement by building a connection to the person you will be 30 or 40 years in the future.
What FaceApp Trend Tells About Your Future
With so many things you have to do every day, you may hardly have time to think about your retirement days. However, the FaceApp trend may be a reminder. Thinking about your future may encourage you to prepare for days that give you meaning and purpose. The following are some things you may learn from the FaceApp trend:
Do you have a retirement account? If you do, will it be enough to support your retirement days? Planning & Progress Study 2019 recently conducted by Northwestern Mutual found that almost 78% of those who had at least one retirement account perceived that they did not have enough in their saving. Delaying a decision can lead to more difficult conditions in the future. If you delay opening your 401ks account, you will find it harder to save enough for your future.
Connecting with Your Future Self
Seeing how your old version looks like is not the core of the FaceApp trend in financial perspective. Using FaceApp is only an example of the way to get connected with your future self. A truly effective way is consulting a financial planner. He can see your current financial conditions and recommend an effective saving method for your retirement.
Creating a Better life
You can realize it by improving your finance. Seeing your old-age look may be a psychological challenge for you. Challenging yourself can be done by means of an application or a financial advisor. Then, you can make an effective decision about your future finances.
When you think too much about money today, you will get depressed. However, when money is no longer a main issue, you will see that your performance at work improves dramatically. This will bring you financial wealth. By improving your finance in a less stressful way, you can have a better life. Does FaceApp trend tell you something about your future finance?