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Sorry, Gen Z, but economic anxiety is not going away
Young adults are very worried about their financial future, as they should be.
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73 per cent of millennials are likely to be living pay cheque to pay cheque, according to a LendingClub report.
PHOTO: UNSPLASH
Erin Lowry
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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.
