Is Social Media Distorting Your Child’s Wealth? Understanding Money Dysmorphia | David Delisle
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Is social media shaping how your child views money and making them feel like they never have enough? In this episode of The Great Canadian Piggy Bank, host Christi Rae explores money dysmorphia, a growing issue affecting kids and teens whose perception of wealth is distorted by constant online comparison.
Joined by David Delisle, author of The Golden Quest and creator of The Awesome Stuff, Christi breaks down how social media influences children’s money mindset, why comparison culture fuels financial anxiety, and how parents can spot early signs of unhealthy money beliefs in their kids.
You’ll learn practical tools for teaching kids healthy financial habits, including how to shift money conversations away from guilt, pressure, and power struggles. David introduces a simple question: “Is this your awesome stuff?” , that helps children connect spending decisions to their values, experiences, and what truly brings them joy.
This episode is ideal for parents looking for realistic, age-appropriate ways to talk to kids about money, navigate social media’s impact on finances, and raise money-smart children in a world where “more” always seems better.
Show Links for David Delisle:
Website: http://www.theawesomestuff.com/
Youtube: https://www.youtube.com/@theawesomestuff
Instagram: https://www.instagram.com/theawesomestuff
Facebook: https://www.facebook.com/OnlyBuyTheAwesomeStuff
TikTok: https://www.tiktok.com/@theawesomestuff
TedX Speech: https://www.youtube.com/watch?v=EG8V8UIXXQM
The Golden Quest Book: https://www.amazon.ca/Golden-Quest-Your-Journey-Rich/dp/1777718929
Chapters List:
00:00 What is Money Dysmorphia
02:30 The Impact of Social Media on Perception
05:16 Recognizing Signs of Money Dysmorphia
06:50 The Awesome Stuff Movement
10:23 Experiences vs. Material Goods
13:21 Mindful Spending and Parenting Strategies
15:01 Encouraging Autonomy in Financial Decisions
16:26 Defining Awesome Stuff for Kids
17:51 Engaging Conversations About Money
19:02 Money Dysmorphia Summary