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Generation Z

Credit card debt and delinquencies are on the rise, reports find

by Merchant Moller
Credit card debt and delinquencies are on the rise, reports find

Credit card debt is on the rise. Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per …

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Young, wealthy investors are turning to alternative investments

by Merchant Moller
Young, wealthy investors are turning to alternative investments

pixelfit | E+ | Getty Images Young, wealthy investors don’t want their parents’ investments. If you’re between the ages of 21 and 43 and have at least $3 million in …

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Why consumers are spending so much this summer

by Dennis chmitz
Why consumers are spending so much this summer

Taylor Swift fans queue outside Murrayfield Stadium in Edinburgh, Scotland, on June 6, 2024. Her fans, known as Swifties, had made the superstar $200 million in Eras merchandise sales as …

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The pitfalls of this viral savings challenge

by Merchant Moller
The pitfalls of this viral savings challenge

TikTok is chock-full of tips for building wealth. The latest money-saving trend taking over is the “no-spend month,” which encourages TikTok users to cut out all non-essential purchases for a set period. …

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Kyla Scanlon on Gen Z’s divided investing attitudes

by Merchant Moller
Kyla Scanlon on Gen Z’s divided investing attitudes

Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations. “It’s a bifurcated world,” she told CNBC’s “ETF Edge” this week.  Scanlon, 26, …

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Why Gen Z is investing earlier than millennials did

by Merchant Moller
Why Gen Z is investing earlier than millennials did

Eternity In An Instant | Stone | Getty Images The financial benefit of starting to invest early The time element is crucial for investing. A teenager opening a retirement savings …

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Here’s what’s wrong with TikTok’s viral money hacks

by Merchant Moller
Here’s what’s wrong with TikTok’s viral money hacks

From cash stuffing to loud budgeting, TikTok is chock-full of ways to build wealth — and more people are taking notice. Financial TikTok, also known as #FinTok, is now one …

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Gens Zs are traveling this summer and going into debt to pay for trips

by Dennis chmitz
Gens Zs are traveling this summer and going into debt to pay for trips

Move over family travelers. Gen Zs are set to make the biggest splash this summer, with surveys showing they are upping their vacation plans and spending more than older travelers. …

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3 things Gen Z can do today to decrease anxiety and be more productive

by Merchant Moller
3 things Gen Z can do today to decrease anxiety and be more productive

Nearly two decades into the smartphone era, some experts are warning of the potential dangers of being plugged in anytime, anywhere. Especially when it comes to those whose brains are …

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How Americans define financial success

by Merchant Moller
How Americans define financial success

Most Americans don’t think they need to be millionaires in order to achieve financial success. Fewer than 20% of Americans define being “financially successful” as “being a millionaire,” according to …

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