Why are we obsessed with buying lipstick when we’re BROKE

Why Are We Obsessed With Buying Lipstick When We’re BROKE? | The Lipstick Index Explained In tough economic times, why do women still splurge on lipstick? Welcome to the fascinating world of the Lipstick Index– a term that explains why, even in the hardest of times, people gravitate towards small luxuries like lipstick. From the Great Depression to the 2008 financial crisis and beyond, this beauty staple has stood the test of time as a symbol of resilience and empowerment. In this video, we dive deep into the psychology behind the Lipstick Index, exploring how lipstick sales rise during economic downturns and why we seek comfort in beauty products when our wallets are tight. We’ll look at historical trends, discuss the modern-day resurgence of this phenomenon, and examine why even billionaires like Warren Buffett are betting big on beauty in uncertain times. Shop lipsticks: https://rstyle.me/+uKwWDfdjNPnA8spn9W-d9Q Don't forget to like, subscribe, and hit the bell for more videos on beauty, history, and culture! Join this channel to get access to perks: https://www.youtube.com/channel/UCM4hiMCyAEMxibzIYrOKD5Q/join #laurajaneatelier #lipstickindex #beautyhistory #history #makeuphistory