Gen Z's Economic Dissatisfaction
This is a news story, published by CNBC, that relates primarily to Credit Karma news.
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financial mindsetCNBC
•Business
Business & Economics
When it comes to saving, Gen Z asks: 'What’s the point?' That's dangerous, expert says
86% Informative
Nearly half of Gen Z members say planning for the future feels "pointless," according to a Credit Karma poll.
Young adults should try to rewire their financial mindset, experts said.
Starting to invest now, even a little bit, will yield ample benefits via decades of compound interest.
"This is actually the most exciting time to invest, because you're young," Sun said.
Sun advocates for paying down high-interest debt before focusing on investing, so interest payments don't quickly spiral out of control.
"Instead of getting into the 'woe is me' mode, change that into taking action," she said.
VR Score
90
Informative language
91
Neutral language
60
Article tone
informal
Language
English
Language complexity
43
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
6
Source diversity
6
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