According to a study from Credit Karma, roughly half of Gen Z (49%) say that planning for the future feels pointless, so they’d rather just spend their money freely this summer.
That feeling is understandable. You’ve grown up in a world of inflation, student debt and financial “advice” that no longer seems to work. Buying a house feels out of reach and saving for retirement feels like an uphill battle when you can barely save for rent. So, if the future feels uncertain, it’s no wonder that many choose to live in the present.
