Gen Z is experiencing significant financial challenges, exacerbated by high living costs and stagnant wages. Many are forced to move back with their parents to manage basic expenses like rent and groceries. This economic reality affects their perspective on wealth, with a noted shift away from traditional definitions of financial success. Moreover, older generations often label them as lazy, raising questions about fairness given the unique circumstances that Gen Z faces in today’s economy.
Gen Z's profound influence is shifting not only consumer behavior but also societal norms around wealth, as they adapt to unprecedented economic conditions.
Facing a challenging economic landscape, many in Gen Z are redefining goals with an eye on financial wellness, rather than traditional wealth accumulation.
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