Why are Gen Z Broke?
May 24, 2024 #genz #money #youth
Gen Z are struggling financially. A 2023 survey of Gen Z in 44 countries suggested that around half of them we
May 24, 2024 #genz #money #youth
Gen Z are struggling financially. A 2023 survey of Gen Z in 44 countries suggested that around half of them were living paycheck to paycheck and almost half needed a side job. So why are Gen Z broke?
“Gen Z spends all their money on avocado toast and coffee and all they do is sit on social media and they don't wanna work” - or such is the perception of the financial woes afflicting Gen Z. Studies show that Gen Z are the generation least likely to have savings or a plan for the future when it comes to money - but the "doomers" also report very little hope in the future.
Presenter: Myriam Francois
Guests:
Grace Blakeley - Author and economics commentator
Anushka Rathod - Finance content creator
Max Lu - YouTuber
64 
