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International Business Times UK
International Business Times UK
Business
Akshay Puri

79% of Gen Z Americans Are Delaying Major Life Plans as Cost of Living Rises

High grocery and housing costs leave many Americans short on cash and struggling to manage budgets. (Credit: This is an AI-Generated Image)

Nearly eight in 10 Gen Z Americans have delayed, reconsidered or abandoned at least one major life plan because of rising costs, as soaring expenses force younger adults to rethink homeownership, education, having children, marriage, and starting a business.

A Credit One Bank survey of 1,000 US adults, produced and distributed by Stacker, found that 79% of Gen Z respondents had changed at least one major life plan because of rising costs. Overall, 83% said managing household costs had become at least somewhat harder over the previous two years.

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