Financial Empowerment for Gen Z
The financial empowerment they didn't teach you in school...but should have.
Budgeting and Saving
Creating a budget helps allocate money for essentials, savings, and discretionary spending.
Even if it's a small amount, developing the habit of saving regularly can help to build a financial cushion for emergencies and future goals.
51%
of Gen Zers have a budget
47%
of Gen Z feel prepared to tackle investing
29%
of Gen Z already carry some form of debt
A mere
Only
Approximately
Managing Debt
It is important to learn about responsible borrowing and the consequences of debt.
Understanding different types of debt, such as student loans, credit cards, and personal loans can affect interest rates and credit scores impact your financial future.
Investing
Learn about the power of investing early in life.
Understanding the concept of compound interest can significantly grow their wealth over time.
Credit Scores and Financial Responsibility
It is important to maintain responsible financial behavior, including paying bills on time and managing credit responsibly.
Your credit scores are used by lenders and how they can impact future opportunities, like getting a mortgage or a job.
