One of the most important parts of growing up into adulthood is learning how to manage your money, and Gen Z is carrying on that tradition. Just like their impact on other aspects of pop culture, Gen Z young adults are reshaping the world of personal finances with social media trends and new vocabulary.
The Gen Z age cohort is defined by Pew Research Center as being born between 1997 and 2012. The oldest members of Gen Z are turning 27 this year, and many are going through the financial challenges of young adulthood: starting careers, managing credit cards, and maybe saving money to buy a home or invest for retirement.
Many members of Gen Z have a gloomy attitude about their personal finances. Having come of age during a pandemic, economic crisis, and high inflation, 25% of Gen Zers are afraid they will never be able to retire. By coining new money catchphrases and going viral on…
