Newsletters

73% of Gen Z say economic environment has made it more challenging to save; 75% seeking ways to earn additional income

September 21, 2022 01:52 PM

CHARLOTTE, N.C., Sept. 13, 2022 /PRNewswire/ -- As Gen Z looks to establish their financial footing, the economic environment and inflation have posed new challenges in achieving their financial goals. This is according to new research published today by Bank of America's Better Money Habits exploring this generation's (ages 18 to 25) distinct approach to money – including their financial priorities, behaviors and challenges. With Gen Z being far more diverse than previous generations, the new research also examines ways in which race, ethnicity and gender may influence their financial priorities and challenges.

Staying current is easy with newsletters delivered straight to your inbox.