Money Moves Gen Z Is Doing Differently
Gen Z has always embraced technology and is way ahead of digital trends compared to every other generation. They’re also mastering the money and financial side of tech. Older generations could pick up on a thing or two about the money moves Gen Z is making.
- They’re savvier and feel empowered to invest. Gen Z isn’t waiting to invest. They’re doing it early. In fact, 22% of Gen Z say they’ve “dipped their toes into the market in their teens” compared to just 9% of Millennials. Thanks to platforms like Robinhood, investing has been made easier and can be done with just $5.
- They take more risks. According to a survey, nearly half of Gen Z investors admit they’re only interested in investing for two to five years, while around 16% of them say they just want to get rich quickly.
- They’re definitely shopping around. Gen Z knows how to shop around and find the best price. They won’t settle for just a good price.
- They like to make money off their personalities. Growing up with the Internet their whole lives, Gen Z knows how to monetize it by just being themselves.