Almost three quarters of Gen Z aren’t able to pay their bills on time. According to a survey of 18-25-year-olds by financial services company DailyPay, only 28% of Gen Z say they can pay their bills on time, which leaves nearly 75% who can’t. They also found that because of the state of the economy, 54% of young adults are choosing to live with their parents to ride it out and save more. Although, it looks like they’re not saving as much as they’d like; “78% of Gen Z has not been able to increase their savings rate over the past year—and in all likelihood, are saving less than before.” YPulse research shows inflation, the economy, and affordable housing are among the top problems Gen Z says they’re currently facing. (Fast Company)
