By Erin Lowry
Less than a third of Gen Z feels financially secure while just more than half feels “very or extremely worried about not having enough money,” according to a recent study by consulting firm EY. “Welcome, the water’s warm!” says every American millennial.
After years of being told conditions would improve and to just grow up, millennials, as a collective, are treading water at best. In fact, 73 per cent of millennials are likely to be living paycheck to paycheck, according to a LendingClub report. A separate survey by Investopedia found that three-fourths of millennials, who range in age from 27 to 42, were at least somewhat stressed about their finances.
Financial anxiety has become an exhausting part of adulthood reality, especially when it seems as if another recession or major world shock could upend whatever financial security younger adults have…
