Many feel frustrated by a tough job market and worried about debt, experts said.
Gen Z seems to have a case of economic malaise.
Nearly half (49%) of its adult members — the oldest of whom are in their late 20s — say planning for the future feels “pointless,” according to a recent Credit Karma poll.
A freewheeling attitude toward summer spending has taken root among young adults who feel financial “despair” and “hopelessness,” said Courtney Alev, a consumer financial advocate at Credit Karma.
They think, “What’s the point when it comes to saving for the future?” Alev said.
US currency rapidly heading towards Zimbabwe dollarydoodoo status, the gen z are onto something here.
Unless Congress can find some balls to tax the rich, it’s only going to get worse. And since the rich are legally allowed to buy and own the Congress critters…good luck anyone younger than boomers.