ILYA KHAIT at Prudential

This article looks at concerns during a market in flux.

Shopping online? According to a Deloitte study, people who use social media during the shopping process are 4X more likely to spend more than originally planned. That’s why #budgeting is more important than ever.

Is social media making you spend more? Seeing friends’ photos of their new house or vacation may tempt you to spend more on your purchases. Setting a budget may help to keep those influences in check. See 3 other trends that are increasing the importance of #budgeting.

Big ticket items such as homes and college costs are growing faster than income, so people may have to allocate more of their income to cover these fast-growing costs. Read about 3 other trends that are making #budgeting more important than ever.

Alternative work arrangements including temp and part-time work are growing, and that’s creating income volatility and budgeting challenges for many. Here are 3 other trends increasing the importance of #budgeting.