June 26, 2024

Youth

Newsweek  -  A single Gen Z man has sparked a debate online after revealing he calls his mom multiple times every day. In a video, Rustin Vanker, said one of his friends called his mom "only" three times a month and another called his parents once a month. "Honestly I was a bit shocked when I heard how little my friends call their parents and it made me not really want to share how often I do," said the 19-year-old. In the TikTok video which garnered 365,000 likes and 2.2 million views, he revealed he called his mom, Kristi Vanker, 44, two to three times a day... According to Pew Research Center survey carried out in late 2023, some 46 percent of young adults, i.e. 18 to 34-year-olds, said they talked with their parents a few times a week, with 14 percent saying they did once a day. The survey drew results from a sample of 4,512 U.S. adults. 

Study Finds -  The survey of 2,000 Americans who have moved in the last five years found that not only are they on top of their finances, but more than half of Gen Z respondents (57%) say they actually enjoy the process of moving. For comparison, only 22% of baby boomers share that sentiment.

Newsweek -   According to a Cash App survey, 55 percent of Gen Z said it amazed them how much millennials waste, that millennials spend too much, or they are easily pressured into overspending by friends. The younger generation, which spans from age 12 to 27, has grown up in a slightly different world than their millennial counterparts, and they might be more inclined to view money differently because of that. Gen Z, who grew up in an age where sky high student debt was the norm and a pandemic made the job market uncertain, are not without their own financial struggles. In the Cash App report, 53 percent said they've spent beyond their means, but they still see a clear difference in how millennials handle their money.

 

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