Get all your news in one place.
100's of premium titles.
One app.
Start reading
GOBankingRates
GOBankingRates
Martin Dasko

Survey: Gen Z Is Turning To Their Parents for Financial Advice — but Here Are 5 Reasons They Shouldn’t

fizkes / iStock.com

A recent survey from GOBankingRates found that 64% of Gen Z (18- to 24-year-olds) completely or somewhat trust financial experts, while only 49% of adults ages 65 and over felt the same way. The survey also discovered that 58% of Gen Z get financial advice from parents and only 24% get advice from credentialed experts. In a surprising twist, 53% of Gen Z considered TikTok to be the least trustworthy source of financial advice, despite being the core demographic of the platform.

Explore More: I’m a Financial Advisor — My Wealthiest Clients All Do These 3 Things

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.