Reported about 9 hours ago
A recent study reveals that both Millennials and Gen Z are struggling with financial literacy, but Gen Z scores lower, averaging just 38% on financial literacy tests compared to Millennials at 46%. Gen Z also carries more personal debt, averaging $94,101 versus $59,181 for Millennials, raising concerns about their financial preparedness. Despite facing significant pressure, both generations must improve their financial knowledge and habits to better manage their finances and future stability.
Source: YAHOO