Gen Z’s Economic Malaise
Generation Z faces significant economic challenges, with nearly half feeling that future planning is “pointless,” according to a Credit Karma poll. Factors such as high unemployment rates for young adults, rising student debt, and increased reliance on buy now, pay later services contribute to their financial despair. Experts suggest that despite these difficulties, young adults should focus on investing early to harness the benefits of compound interest, while adopting a proactive financial mindset to combat their malaise.
