Gen Z Is Rewriting the Rules of Personal Finance
Side hustles, budgeting apps and a deep distrust of debt: how the youngest workers are managing money differently.
Ask people under 27 how they learned about money and many will name a video platform before a parent or a teacher. That shift is changing what they do with it.
Small amounts, often
Surveys show younger savers favour automatic round-ups and small, regular investments over lump sums. Many hold a second income stream, from reselling clothes to freelance design.
They are also wary of credit cards, having watched older siblings struggle with debt. The risk, advisers warn, is that buy-now-pay-later plans are filling the same gap with fewer protections.