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gen z

A collection of 8 posts

57% of Gen Z and millennials struggle to avoid impulse purchases

Per Fortune Over half of Gen Zs and millennials said that they struggled when it came to avoiding impulse purchases. Specifically, 57% of them said that they struggle to say no when it comes to certain purchases made out of impulse. This came as Gen Zs and millennials struggled with

Survey shows 10% more Gen Z consumers look to TikTok instead of financial advisors for financial advice

Per Forbes While investing used to be very different with different age groups, things are shifting even more as a survey found that 10% moore Gen Z consumers looked to TikTok for financial advise instead of the traditional financial advisors. A Vericast survey found that specifically only 24% of Gen

Over 80% of Gen Z Americans started investing before 21

Per Business Insider American Gen Z individuals are reportedly trying to become more aggressive toward reaching their financial goals. This resulted in 80% of them starting to invest before they turned 21. This information came from a Financial Industry Regulatory Authority Investor Education Foundation (FINRA) and CFA Institute survey. One

Almost 3/4 of Gen Z want to buy a home in less than 6 years

Per CNBC A recent report shared how almost three-quarters of Gen Z said that they wanted to buy a home in just one to six years. The survey from Rocket Morgage found that this age group wasn't that worried about the current challenges being faced. The report mentioned

Gen Z has started to use more flip phones to limit screen time

Per CNBC As technology becomes more accessible, more Gen Z starts to gravitate towards the use of flip phones. Aside from hopping on the new "vintage" tech trend, they are also trying to limit their screen time. The type of phones being used in this trend is flip

Almost half of Gen Z employee income comes from two roles

Per Kantar Kantar estimated that almost half of Gen Z employee income comes from a combination of at least two roles. Only 21% of Boomers were likely to have over one position. It was also revealed that 65% of Gen Z workers either had or would consider a side job.

LinkedIn data reveals 4/5 Gen Z workers want to move jobs this year after finding it 'unfulfilling'

Per Bloomberg New data from LinkedIn reveals how the majority of Gen Z workers are planning to move their jobs in 2023. About 4/5 of them found their work "unfulfilling" and lacking in a greater purpose. The UK LinkedIn country manager Ngaire Moyes shared a statement regarding

Gen Z retirement savings average just $33,000

Per Yahoo Finance The retirement savings of Gen Z has come into question as a new report shows that the median for all of their retirement savings accounts sits at just $33,000. However, not all Gen Zers have reached working age. For those that are still confused, Gen Zs