
The youngest generations always seem to get the short end of the economic stick—and poked by it. Millennials have grappled with everything from a tanking post-recession job market to soaring student debt, with Gen Z not far behind them as they emerged from the pandemic in an era of high inflation. It’s a tale as old as time, with the media and older generations consistently blaming the youth’s financial woes on frivolous spending habits; but younger generations are pointing their fingers right back at them.
Most (65%) millennials and Gen Zers are concerned about baby boomers’ influence on their financial future, according to a new survey by OnePoll on behalf of National Debt Relief that polled 2,000 Americans, 500 from each of the four dominant generations. (Well, well, well, how the turns tables.) But many boomers agree—45% believe their generation's financial decisions will at least somewhat impact the future of younger generations.