Venmo gives us clues about the small, intimate, generally innocuous parts of people’s lives they might not otherwise share. And that’s why they’re so fascinating
Photo: Andrew Harrer/Bloomberg via Getty Images Get That Money is an exploration of the many ways we think about our finances — what we earn, what we have, and what we want.
Honestly, what was I expecting to find? Usually, Venmo — the ubiquitous app that enables us to send and receive money between friends — is just a series of mundane exchanges for things like beer and pizza emoji. Nobody cares about seeing roommates pitch in for Con Edison payments denoted by lightbulbs. Or do they? “I like to look for utilities or rent payments between couples,” Kevin, a 28-year-old from Manhattan told me. “I find it interesting to know who pays for what in the relationship.
Then there’s the tension between the performative aspect of making transactions public and the sneaky quality of the “private” setting. “When I was single, I would check people’s Venmos for hints on who else they were sleeping with,” said Megan, a 28-year-old from Brooklyn. One guy she liked kept his whole Venmo feed on lockdown, which struck her as “shady.
Stratyner pointed out Venmo offers a particularly potent draw that other social platforms do not: intel on a taboo subject. “It’s easier for patients to discuss their sex life with me than to tell me what they make in a year,” he said, noting that Venmo acts as an intermediary that lets people talk about their finances without actually doing so. “[On Venmo], you can show off how much money you have in an indirect way,” he said.
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