I think they are screaming it under every youtube comment section, quora, reddit lol
Actually, Gen Z saves way more money than Millennials. They get the least credits and loans, they are afraid of debts as a whole.
More Gen Z have consulted financial experts and want to invest than millenials and it’s been true since 2021. Gen Z started in 97. Millenials are like 15 years older.
It’s actually a thing, Gen Z is cheap asf. Marketers know that.
They buy stuff and fast delivery, but they are actually cheap in restaurant, concerts and what not. Experiential stuff.
If they can un-bundle stuff, find hacks to make it cheaper, remove the extra content, they do way more.
Getting them to spend on stuff has been hard for big companies. Way harder than for millenials.
Their houses have less stuff, a computer, smartphone.
Much less junk in their apartments. They are “value” consumers, not “experiential consumers”.
They are the 2008 financial crisis children. They want financial independence and safety the most.
They don’t upgrade their phones or stuff as much. They repair more.
They are lots of studies on Gen Z being cheaper than Millenials and for companies to adapt.
lol, they are all in here spending on fields instead of traveling. Investing in their future millionaire selves haha
They grew up with Mark Zuckerberg, Elon Musk, Bezos and all the other tech billionaire and now they are all in the brainmania. It’s almost all Gen Z.
Based on all the people I talked to in private.
If I had to generalize grossly.
Millennials want to manifest money, real estate and a good life balance.
Gen A is more influencer, lifestyle, beauty.
And Gen Z is full on grinding non stop to become geniuses Tony Stark and make an app or AI and become billionaires as fast as possible then retire at 30yo.
Grossly generalized of course.
But it’s not just based on the forum users, even outside, real life talks.
Like honestly, I will need to check the stats, but Gen Z is building more businesses.
Young Gen Z are starting LLCs and freelance business in mass compared to Millenials who tend to have careers. At least noticeably more I think. Collecting side hustles instead of big jobs.
Making music, selling used clothes, tire shops. Pizza joints. Going to people’s house to cut their hair on bike or scooter. Maybe a minority but still it’s noticeable. They barely have one they want to open another business. NFTs and what not. Roasting chicken on the side of the road.