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The publication also found that, while living with family rent-free may seem like a great way to save up, for various economic and emotional reasons it may work against young people in the long run.
Print book sales are at a record high. The vinyl record industry has enjoyed a resurrection. Gen Z’s enthusiasm for all things touchable is resurrecting the analog economy—and costing parents
Story at a glance The rising cost of housing is keeping many Gen Zers from living on their own. A recent Credit Karma survey of 1,249 U.S. adults found that 31 percent of Gen Z live at home with a ...
Gen Z adults in the U.S. face increasing financial challenges because of inflation and rising living costs, with 46% relying on financial assistance from their parents and families, according to a ...
Despite the acres of news pages dedicated to the narrative that millennials refuse to grow up, there are twice as many young people like Tyrone—living on their own and earning less than $30,000 per year—as there are millennials living with their parents. The crisis of our generation cannot be separated from the crisis of affordable housing.
Aside from Gen Z and millennial consumers, top-earners are also helping keep the US economy afloat, Whitney noted. After-tax earnings for those making over $100,000 have stayed largely unchanged ...
Every generation believes they have faced the toughest financial challenges, but for Gen Zers, the road has been especially rocky. From a global pandemic to soaring housing, healthcare and ...
In fact, 31% of Gen Z live with a parent or family member because they can't afford to rent or buy their own place, a new survey of 1,249 U.S. adults from Intuit Credit Karma finds.