Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Order
Speaker 1: Order Kerni Whoalbury and a waddery woman. And before we
Speaker 1: get started on She's on the Money podcast, I would
Speaker 1: like to acknowledge the traditional custodians of the land of
Speaker 1: which this podcast is recorded on a wondery country, acknowledging
Speaker 1: the elders, the ancestors and the next generation coming through
Speaker 1: as this podcast is about connecting, empowering, knowledge sharing and
Speaker 1: the storytelling of you to make a difference for today
Speaker 1: and lasting impact for tomorrow. Let's get into it.
Speaker 2: She's on the Money, She's on the Money. Hello, and
Speaker 2: welcome back to She's on the Money. Is it just
Speaker 2: me or do fashion trends seem to be moving at
Speaker 2: warp speed At the moment you're about to hit ad
Speaker 2: takat and then suddenly it's yesterday's news. Once upon a time,
Speaker 2: Design has released new collections just a couple of times
Speaker 2: a year, and now it really feels like brands are
Speaker 2: dropping a new collection probably every two weeks. I'm Victoria
Speaker 2: Devine and in today's special Saturday episode, we're going to
Speaker 2: chat about the whirlwind that is micro trend culture. How
Speaker 2: did we end up caught in this cycle of overconsumption
Speaker 2: and what does it mean for our finances, our mental health,
Speaker 2: and our planet. First off, let's talk about what micro
Speaker 2: trends actually are. In the past, fashion trends had time
Speaker 2: to breathe think summer and winter collections, giving you months
Speaker 2: to enjoy your favorite looks. But with the rise of
Speaker 2: social media, trends of now a shelf life of weeks,
Speaker 2: sometimes even days. TikTok is the epicenter of this micro
Speaker 2: trend explosion. Ends catch fire faster than you can scroll.
Speaker 2: Creators and influencers alikea really quick to share their takes,
Speaker 2: and before you know it, the trend is everywhere. The
Speaker 2: hashtag get ready with me videos and those massive clothing
Speaker 2: hauls just turn up the pressure. Very demure and fast
Speaker 2: fashion is right there, ready to keep pace. They've perfected
Speaker 2: their process so well that they can now turn a
Speaker 2: runway trend into something you can buy in just two weeks.
Speaker 2: No wonder, we're all stuck in this endless cycle of
Speaker 2: trying to keep up. But here's the thing, guys, This
Speaker 2: constant churn of trends isn't just exhausting, it's also harmful. First,
Speaker 2: and arguably most important to someone like me, are the
Speaker 2: financial impacts. The rapid pace of micro trends pressures us
Speaker 2: to keep buying more often, leading to impulse purchases that
Speaker 2: we never even get a chance to wear. According to
Speaker 2: money Smart, Australians have an estimated seven point six billion
Speaker 2: dollars worth of unused clothing sitting in their wardrobes. That's right,
Speaker 2: billions of dollars spent on items that are collecting dust,
Speaker 2: much of it driven by the need to keep up
Speaker 2: with fast fashion trends. What's worse is if we do
Speaker 2: wear them. The average consumer only wears clothes seven times
Speaker 2: before throwing them out. And let's not forget the debt
Speaker 2: that can accumulate. A study by Credit Comer found that
Speaker 2: nearly forty percent of millennials overspend to keep up with
Speaker 2: their friends. What starts as a harmless shopping spree can
Speaker 2: quickly become a financial burden, affecting your ability to save,
Speaker 2: invest and even just cover the essentials. All this pressure
Speaker 2: to stay current can have a serious impact on your
Speaker 2: financial wellbeing. But that's not the only harm that we're
Speaker 2: currently dealing with here. Stick around, because after the break
Speaker 2: we're going to uncover the environmental toll of fast fashion
Speaker 2: and spoiler, it's a big one. And my friends, we
Speaker 2: are back on this very exciting Saturday. So we've already
Speaker 2: covered how micro trends can wreak havoc on your finances,
Speaker 2: but what about the planet. Fast fashion is notorious for
Speaker 2: its environmental footprint. The industry is responsible for ten percent
Speaker 2: of global carbon emissions, more than all international flights and
Speaker 2: maritime shipping combined, and with Australians discarding an average of
Speaker 2: twenty three kilograms of clothing per person each year, we're
Speaker 2: contributing to a growing landfill crisis. This waste doesn't just disappear,
Speaker 2: it contributes to the growing problem of landfill, overfill and
Speaker 2: environmental degradation. So while those trend pieces might be fun
Speaker 2: for a season, their environmental impact lasts so much longer. Finally,
Speaker 2: let's talk about the big elephant in the room. Let's
Speaker 2: talk about the mental toll. The constant barrage of new
Speaker 2: trends can create a massive sense of inadequacy and anxiety.
Speaker 2: We've all been there, scrolling through ten TikTok or Instagram,
Speaker 2: seeing influences flauned the latest must have item and suddenly
Speaker 2: feeling like what we have just isn't good enough. This
Speaker 2: cycle of comparison can be mentally exhausting. According to a
Speaker 2: study by the University of British Columbia, frequent social media
Speaker 2: use is linked to increased anxiety and depression, partly due
Speaker 2: to the pressure to keep up with online transit appearances.
Speaker 2: This is especially true for younger audiences, who are still
Speaker 2: developing their sense of self worth and can be heavily
Speaker 2: influenced by what they see online. The constant need to
Speaker 2: stay on trend can lead to a never ending loop
Speaker 2: of comparison, dissatisfaction, and anxiety, affecting not just your mental
Speaker 2: health but your overall quality of life. So what can
Speaker 2: we actually do about this? The good news is there
Speaker 2: are plenty of ways to embrace fashion more mindfully. For starters,
Speaker 2: let's talk about thrifting and secondhand shopping. It's not just sustainable,
Speaker 2: it's also a treasure hunt for unique pieces that won't
Speaker 2: be outdated next week. And when I've got a big
Speaker 2: event coming up that can't find something secondhand, I love
Speaker 2: turning to rental services. You can snag a designer piece
Speaker 2: for a fraction of the price and still look a
Speaker 2: million bugs. When you are buying new, try invest in timeless,
Speaker 2: high quality items that will be your go tos for years,
Speaker 2: not just one season. And hey, TikTok isn't just about
Speaker 2: fast fashion. There are so many creators out there using
Speaker 2: their platform to promote sustainability and mindful consumption. There's an
Speaker 2: emerging trend at the moment that's flipping the script on
Speaker 2: micro trends and over consumption, and they're calling it under
Speaker 2: Consumption Core. It's all about embracing minimalism and making conscious
Speaker 2: choices about what we bring into our lives instead of
Speaker 2: chasing every new trend. People are starting to prioritize quality
Speaker 2: over quantity, and they're focusing on items that truly add
Speaker 2: value to their lives and their wardrobes. Under consumption coll
Speaker 2: isn't just about buying less. It's about being intentional with
Speaker 2: your purchases. Think it of as like an anti hall
Speaker 2: instead of filling your cart with fast fashion. It's about
Speaker 2: choosing one or two really well made pieces, timeless pieces
Speaker 2: that you're actually going to wear. It's about repairing, reusing,
Speaker 2: and repurposing what you already own, essentially getting more life
Speaker 2: out of your clothes. This trend is gaining traction and
Speaker 2: I am here for it, especially among those who are
Speaker 2: tired of the constant cycle of buying, discarding and repeating.
Speaker 2: And while under consumption, core is in reality closer to
Speaker 2: normal consumption. It's a really refreshing shift in the content
Speaker 2: that we see online. This moves towards a more sustainable
Speaker 2: and mindful approach to fashion, not only reducing our environmental footprint,
Speaker 2: but also helping us to reconnect with what truly matters. Plus,
Speaker 2: by opting for fewer, higher quality items, you might even
Speaker 2: find that your wardrobe feels more cohesive and personal like
Speaker 2: it actually reflects your style, not just the latest trend.
Speaker 2: So these are the accounts you want to follow, the
Speaker 2: ones who encourage you to rewar outfits, share clothing with friends,
Speaker 2: or even upcycle old pieces into something new. My challenge
Speaker 2: for you this week is this, next time you see
Speaker 2: a micro trend blowing up on TikTok, take a step
Speaker 2: back and actually ask yourself do I need this or
Speaker 2: is this just the hype talking? And remember fashion should
Speaker 2: be fun, but it doesn't need to come at such
Speaker 2: a high cost to our wallet, our planet, or even
Speaker 2: our peace of mind. Next time, you're tempted by the
Speaker 2: latest trend, think twice about whether it's worth the long
Speaker 2: term impact. Let's all aim for a wardrobe that not
Speaker 2: only looks good, but feels good in every sense of
Speaker 2: the word. Thanks for tuning in today, my friends. I
Speaker 2: hope this conversation inspires you to take a more mindful
Speaker 2: approach to your wardrobe. Now I'm gonna go vintage shopping
Speaker 2: and find something unique to wear to my friend's birthday.
Speaker 2: Catch you next time, guys. The advice shared on Cheese
Speaker 2: on the Money is general in nature and does not
Speaker 2: consider your individual circumstances. She's on the Money exists purely
Speaker 2: for educational purposes and should not be relied upon to
Speaker 2: make an investment or financial decision. If you do choose
Speaker 2: to buy a financial product, read the PDS TMD and
Speaker 2: obtain appropriate financial advice tailored towards your needs. Victoria Divine
Speaker 2: and She's on the Money are authorized representatives of Money
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