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.
Please name a generation that has gone through three Great Depression events.
Go on.
There are literally four currently alive (and stragglers from past generations) that lived through the same 3 events. And in my very strong opinion, Gen Z was not hit the hardest of the current generations.