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How Another Recession Would Impact Gen Z and Millennials’ Spending

Written and Edited by the YPulse Editorial Team
KEY TAKEAWAYS
They’ve lived through recessions before, and this is how they’ll adjust their spending for another… TL;DR Most young people believe a recession is on it’s way, or that we’re already in one In the event of a recession, Gen Z and Millennials are prepared to cut out unnecessary spending  Dining out and takeout will be the first cut from their budget Gen Z and Millennials have witnessed, and lived through firsthand, several major recessions that have shaped their perspective on finances. The Great Recession in 2008 left a huge impact on them; many Millennials were affected directly by the hit...

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