The Brief

Seeking financial growth can come in different forms and, for some, seeing another person’s monetary accomplishments can be a motivational tool for them to achieve their goals.

And an Empower survey finds that 51% of Americans say they have made a monetary plunge either through a purchase or investment because of "financial FOMO," a fear of missing out on a financial opportunity or experience.

RELATED: Financial literacy is the highest in these US states, according to report

The financial services company noted in their survey that some respondents admitted to comparing their financial circumstances to others while on social media, while most people shared that seeing others accomplish financial milestones is the impetus for them to improve their spendin

See Full Page