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trading savingsMoneywise
•Business
Business & Economics
A staggering 40% of Gen Zers plan to splurge more on non-essentials this year. Is it time for a reality check?
69% Informative
40% of Gen Zers plan to spend more on non-essential purchases in 2025 compared to last year .
The Washington Post's personal finance columnist Michelle Singletary says there’s one thing people can take charge of: their spending.
Experts warn that trading savings for short-term splurges could leave young consumers vulnerable.
Putting even a small amount away now allows compound interest to do the heavy lifting long term.
And if you’re still craving that big splurge, you can budget for it by setting aside small amount regularly and make it a conscious reward.
This article provides information only and should not be construed as advice.
VR Score
57
Informative language
46
Neutral language
63
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informal
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English
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38
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12
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