
Nearly 70% of Gen Z and millennial consumers believe the current economic environment is hurting their ability to be financially independent adults and more than 1 in 4 don’t feel optimistic about their current financial situation, according to new research released by Experian. The recent economic news and layoffs, however, have spurred 75% of these consumers to focus on their financial health.
Experian’s survey of more than 2,000 millennial and Gen Z consumers across the United States revealed: