Question of the Day: What is the leading cause of stress for Gen-Z consumers (18-21 years old)?
Answer: Money
Questions:
- What do you think are the main sources of money stress for 18-21 year olds?
- Why do you think 18-21 year olds are more stressed about money than adults?
- How do you think learning about money in this course will help reduce your stress?
- Have you ever been stressed out about money? Explain.
Behind the numbers (from American Psychological Association):
According to the American Psychological Association, four out of five Gen Z consumers ages 18-21 say money matters are a leading source of stress. In their study, more than three in ten Gen Z respondents, personal debt is another major source of stress.
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We added three Behavioral Finance lessons to our Semester Course. Be sure to check them out here!
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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