Gen Z is struggling financially more than Millennials did at their age: Study ...Middle East

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Gen Z is struggling financially more than Millennials did at their age: Study
Young members of Gen Z are struggling more financially today than Millennials did at their age 10 years ago, according to a new study published last week by the credit reporting agency TransUnion. The study includes a survey conducted in February of 614 Gen Z consumers, aged 22-24, and 623 Millennials, who were 22-24 years old 10 years ago. It includes an assessment of credit bureau data from December 2023 of Gen Z consumers who are 22-24-year-olds, and it includes data from December 2013 of Millennial consumers who were 22-24 years old at the time. The study also includes interviews with Gen Z adults in February-March 2024. The study shows that even as cost of living increases, esp

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