Gen Z is ditching credit cards for ‘cash stuffing’ in ’90s throwback

Gen Z is ditching credit cards for ‘cash stuffing’ in ’90s throwback

Along with flip phones, micromini skirts and popcorn tops, Gen Z is bringing cash back. A staggering 69% of Gen Z is using cash now versus just 12 months ago — more so than Gen X (47%) and baby boomers (37%) — according to a recent report published by Credit Karma, a digital personal finance and … Read more

Cash-strapped millennials are begging their parents to move in and babysit

Cash-strapped millennials are begging their parents to move in and babysit

In 2018, city life was becoming unsustainable for Rachel Zack, 41, and her husband Jason Fitzgerald, 45. They were spending $2,100 per month for a three-bedroom in Astoria and around $2,400 a month on child care for their then-2-year-old daughter. Their combined income was roughly $250,000, but home ownership still felt out of reach. “We … Read more

‘Financial infidelity’ has money-conscious Gen Zers and Millennials saying ‘I don’t’

‘Financial infidelity’ has money-conscious Gen Zers and Millennials saying ‘I don’t’

After four years of dating, Katerina’s live-in boyfriend proposed to her in Pismo Beach, during a road trip along the California coast last January. Ecstatic, the couple quickly began planning a wedding in Malibu, Calif., for March 2023. Then, some things didn’t quite add up about her partner’s finances. “He was super avoidant around money … Read more