Gen Z struggling to keep up with high cost of living, survey finds
Summary
A new survey shows that Generation Z, people born roughly between 1997 and 2012, are finding it hard to afford their everyday expenses because the cost of living is high. A Bank of America expert discussed the study and what the numbers reveal about young adults' financial struggles.Key Facts
- Generation Z is having difficulty keeping up with rising living costs.
- The survey highlights financial challenges for young adults.
- Will Smayda, a Bank of America financial expert, explains the survey results.
- The high cost of living includes expenses like housing, food, and bills.
- The data comes from Bank of America’s research on financial habits.
- The issue shows how money pressures affect people entering adulthood today.
- This topic was featured in a CBS News segment.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.