A growing number of young Americans are anxious about their financial future — and many are turning to doom spending as a way to cope. However, venture capitalist and "Shark Tank" guest judge Rashaun Williams says Gen Z can still retire as millionaires by following a simple, disciplined approach, Fortune reported.
Williams says that the key to long-term wealth is avoiding doom spending and focusing on three steps: building an emergency fund, maxing out retirement account contributions, and keeping investments straightforward. The multimillionaire investor emphasized that consistent action, not luck, drives success.
