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Why are Gen Z broke? | Monetary Markets

Why are Gen Z broke? | Monetary Markets


On this episode, we have a look at why Gen Z world wide are broke and whether or not they deserve the unhealthy repute for his or her life-style selections.

Gen Z are struggling financially. A 2023 survey of Gen Z in 44 international locations urged that round half of them have been residing paycheck to paycheck and nearly half wanted a aspect job. So why are Gen Z broke?

“Gen Z spends all their cash on avocado toast and low and all they do is sit on social media and so they don’t wanna work” – or such is the notion of the monetary woes afflicting Gen Z. Research present that Gen Z are the era least prone to have financial savings or a plan for the long run on the subject of cash – however the “doomers” additionally report little or no hope sooner or later.

Presenter: Myriam Francois

Visitors:
Grace Blakeley – Writer and economics commentator
Anushka Rathod – Finance content material creator
Max Lu – YouTuber

#Gen #broke #Monetary #Markets



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Written by bourbiza mohamed

Bourbiza Mohamed is a freelance journalist and political science analyst holding a Master's degree in Political Science. Armed with a sharp pen and a discerning eye, Bourbiza Mohamed contributes to various renowned sites, delivering incisive insights on current political and social issues. His experience translates into thought-provoking articles that spur dialogue and reflection.

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