Meaning of Gen Z
Generation Z, also known as Gen Zers, is the demographic cohort after the Millennials. They are the children of the Post-Millennials and are currently aged 7 to 22.
As digital natives, they are the first generation to grow up entirely in the era of the internet, social media, and mobile technology.
Generation Z is often thought of as being lazy and entitled, but when it comes to money, they are actually quite savvy. Though they are still young, Generation Z is already making its mark on the world.
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Generation Z is the most connected and financially savvy generation yet. To manage money for Generation Z, start with a budget, create a savings plan, and make a debt repayment plan. Educate yourself on financial topics and get professional help if needed. There are many investment options available to Generation Z, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs). Be wary of anyone who claims to be a financial expert but doesn’t have the qualifications
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