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Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Order

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Speaker 1: Order Kerni Whoalbury and a waddery woman. And before we

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Speaker 1: get started on She's on the Money podcast, I would

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Speaker 1: like to acknowledge the traditional custodians of the land of

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Speaker 1: which this podcast is recorded on a wondery country, acknowledging

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Speaker 1: the elders, the ancestors and the next generation coming through

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Speaker 1: as this podcast is about connecting, empowering, knowledge sharing and

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Speaker 1: the storytelling of you to make a difference for today

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Speaker 1: and lasting impact for tomorrow.

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Speaker 2: Let's get into it.

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Speaker 3: She's on the Money, She's on the Money.

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Speaker 2: Hello, and welcome back to She's on the Money. Is

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Speaker 2: it just me or do fashion trends seem to be

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Speaker 2: moving at warp speed At the moment you're about to

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Speaker 2: hit ad takat and then suddenly it's yesterday's news. Once

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Speaker 2: upon a time, designers released new collections just a couple

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Speaker 2: of times a year, and now it really feels like

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Speaker 2: brands are dropping a new collection probably every two weeks.

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Speaker 2: I'm Victoria Devine and in today's special Saturday episode, we're

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Speaker 2: going to chat about the whirlwind that is micro trend culture.

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Speaker 2: How did we end up caught in this cycle of

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Speaker 2: overconsumption and what does it mean for our finances, our

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Speaker 2: mental health, and our planet. First off, let's talk about

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Speaker 2: what micro trends actually are. In the past, fashion trends

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Speaker 2: had time to breathe think summer and winter collections, giving

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Speaker 2: you months to enjoy your favorite looks. But with the

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Speaker 2: rise of social media, trends of now a shelf life

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Speaker 2: of weeks, sometimes even days. TikTok is the epicenter of

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Speaker 2: this micro trend explosion. Ends catch fire faster than you

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Speaker 2: can scroll. Creators and influencers alikea really quick to share

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Speaker 2: their takes, and before you know it, the trend is everywhere.

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Speaker 2: The hashtag get ready with me videos and those massive

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Speaker 2: clothing hauls just turn up the pressure. Very demure and

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Speaker 2: fast fashion is right there, ready to keep pace. They've

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Speaker 2: perfected their process so well that they can now turn

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Speaker 2: a runway trend into something you can buy in just

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Speaker 2: two weeks. No wonder, we're all stuck in this endless

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Speaker 2: cycle of trying to keep up. But here's the thing, guys,

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Speaker 2: This constant churn of trends isn't just exhausting, it's also harmful. First,

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Speaker 2: and arguably most important to someone like me, are the

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Speaker 2: financial impacts. The rapid pace of micro trends pressures us

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Speaker 2: to keep buying more often, leading to impulse purchases that

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Speaker 2: we never even get a chance to wear. According to

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Speaker 2: money Smart, Australians have an estimated seven point six billion

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Speaker 2: dollars worth of unused clothing sitting in their wardrobes. That's right,

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Speaker 2: billions of dollars spent on items that are collecting dust,

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Speaker 2: much of it driven by the need to keep up

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Speaker 2: with fast fashion trends. What's worse is if we do

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Speaker 2: wear them. The average consumer only wears clothes seven times

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Speaker 2: before throwing them out. And let's not forget the debt

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Speaker 2: that can accumulate. A study by Credit Comer found that

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Speaker 2: nearly forty percent of millennials overspend to keep up with

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Speaker 2: their friends. What starts as a harmless shopping spree can

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Speaker 2: quickly become a financial burden, affecting your ability to save,

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Speaker 2: invest and even just cover the essentials. All this pressure

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Speaker 2: to stay current can have a serious impact on your

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Speaker 2: financial wellbeing. But that's not the only harm that we're

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Speaker 2: currently dealing with here. Stick around, because after the break

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Speaker 2: we're going to uncover the environmental toll of fast fashion

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Speaker 2: and spoiler, it's a big one. And my friends, we

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Speaker 2: are back on this very exciting Saturday. So we've already

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Speaker 2: covered how micro trends can wreak havoc on your finances,

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Speaker 2: but what about the planet. Fast fashion is notorious for

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Speaker 2: its environmental footprint. The industry is responsible for ten percent

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Speaker 2: of global carbon emissions, more than all international flights and

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Speaker 2: maritime shipping combined, and with Australians discarding an average of

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Speaker 2: twenty three kilograms of clothing per person each year, we're

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Speaker 2: contributing to a growing landfill crisis. This waste doesn't just disappear,

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Speaker 2: it contributes to the growing problem of landfill, overfill and

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Speaker 2: environmental degradation. So while those trend pieces might be fun

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Speaker 2: for a season, their environmental impact lasts so much longer. Finally,

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Speaker 2: let's talk about the big elephant in the room. Let's

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Speaker 2: talk about the mental toll. The constant barrage of new

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Speaker 2: trends can create a massive sense of inadequacy and anxiety.

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Speaker 2: We've all been there, scrolling through ten TikTok or Instagram,

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Speaker 2: seeing influences flauned the latest must have item and suddenly

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Speaker 2: feeling like what we have just isn't good enough. This

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Speaker 2: cycle of comparison can be mentally exhausting. According to a

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Speaker 2: study by the University of British Columbia, frequent social media

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Speaker 2: use is linked to increased anxiety and depression, partly due

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Speaker 2: to the pressure to keep up with online transit appearances.

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Speaker 2: This is especially true for younger audiences, who are still

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Speaker 2: developing their sense of self worth and can be heavily

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Speaker 2: influenced by what they see online. The constant need to

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Speaker 2: stay on trend can lead to a never ending loop

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Speaker 2: of comparison, dissatisfaction, and anxiety, affecting not just your mental

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Speaker 2: health but your overall quality of life. So what can

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Speaker 2: we actually do about this? The good news is there

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Speaker 2: are plenty of ways to embrace fashion more mindfully. For starters,

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Speaker 2: let's talk about thrifting and secondhand shopping. It's not just sustainable,

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Speaker 2: it's also a treasure hunt for unique pieces that won't

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Speaker 2: be outdated next week. And when I've got a big

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Speaker 2: event coming up that can't find something secondhand, I love

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Speaker 2: turning to rental services. You can snag a designer piece

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Speaker 2: for a fraction of the price and still look a

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Speaker 2: million bucks. When you are buying new, try invest in timeless,

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Speaker 2: high quality items that will be your go tos for years,

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Speaker 2: not just one season. And hey, TikTok isn't just about

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Speaker 2: fast fashion. There are so many creators out there using

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Speaker 2: their platform to promote sustainability and mindful consumption. There's an

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Speaker 2: emerging trend at the moment that's flipping the script on

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Speaker 2: micro trends and over consumption, and they're calling it under

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Speaker 2: Consumption Core. It's all about embracing minimalism and making conscious

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Speaker 2: choices about what we bring into our lives instead of

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Speaker 2: chasing every new trend. People are starting to prioritize quality

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Speaker 2: over quantity, and they're focusing on items that truly add

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Speaker 2: value to their lives and their wardrobes. Under consumption coll

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Speaker 2: isn't just about buying less. It's about being intentional with

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Speaker 2: your purchases. Think it of as like an anti hall

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Speaker 2: instead of filling your cart with fast fashion. It's about

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Speaker 2: choosing one or two really well made pieces, timeless pieces

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Speaker 2: that you're actually going to wear. It's about repairing, reusing,

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Speaker 2: and repurposing what you already own, essentially getting more life

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Speaker 2: out of your clothes. This trend is gaining traction and

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Speaker 2: I am here for it, especially among those who are

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Speaker 2: tired of the constant cycle of buying, discarding and repeating.

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Speaker 2: And while under consumption, core is in reality closer to

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Speaker 2: normal consumption. It's a really refreshing shift in the content

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Speaker 2: that we see online. This moves towards a more sustainable

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Speaker 2: and mindful approach to fashion, not only reducing our environmental footprint,

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Speaker 2: but also helping us to reconnect with what truly matters. Plus,

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Speaker 2: by opting for fewer, higher quality items, you might even

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Speaker 2: find that your wardrobe feels more cohesive and personal like

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Speaker 2: it actually reflects your style, not just the latest trend.

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Speaker 2: So these are the accounts you want to follow, the

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Speaker 2: ones who encourage you to rewar outfits, share clothing with friends,

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Speaker 2: or even upcycle old pieces into something new. My challenge

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Speaker 2: for you this week is this, next time you see

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Speaker 2: a micro trend blowing up on TikTok, take a step

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Speaker 2: back and actually ask yourself do I need this or

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Speaker 2: is this just the hype talking? And remember fashion should

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Speaker 2: be fun, but it doesn't need to come at such

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Speaker 2: a high cost to our wallet, our planet, or even

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Speaker 2: our peace of mind. Next time, you're tempted by the

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Speaker 2: latest trend, think twice about whether it's worth the long

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Speaker 2: term impact. Let's all aim for a wardrobe that not

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Speaker 2: only looks good, but feels good in every sense of

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Speaker 2: the word. Thanks for tuning in today, my friends. I

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Speaker 2: hope this conversation inspires you to take a more mindful

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Speaker 2: approach to your wardrobe. Now I'm gonna go vintage shopping

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Speaker 2: and find something unique to wear to my friend's birthday.

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Speaker 2: Catch you next time, guys. The advice shared on Cheese

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Speaker 2: on the Money is general in nature and does not

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Speaker 2: consider your individual circumstances. She's on the Money exists purely

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Speaker 2: make an investment or financial decision. If you do choose

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Speaker 2: to buy a financial product, read the PDS TMD and

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Speaker 2: obtain appropriate financial advice tailored towards your needs. Victoria Divine

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Speaker 2: and She's on the Money are authorized representatives of Money.

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