Generation Z: The Future of Finances

Everything Gen Z needs to know about money — and how they’re shaping money for everyone else.

Landline, Cable and 4 Other Bills Gen Z Has Never Paid

By Madeline Duley

Wide shot of millennial couple lounging in their living room, planning finances and online banking.

Are Gen Z and Millennials Destined To Live With Roommates Forever?

By Heather Taylor

Gen Z: Here’s How You Can Save on Travel on a Tight Budget

By Madeline Duley

DEBT, INVESTING & MORE

Gen Z and Debt

How Gen Z Invests

Financial Habits Explored

Moving Home

Nearly 20% of Gen Z Invest In This Surprising Asset, According To New Survey

By John Csiszar

Almost Half of Gen Z Considered Moving Home During COVID — Here’s How Many Actually Did

By Yaël Bizouati-Kennedy

SPENDING & SAVING

Save For Your Future

FINANCIAL TIPS & TRICKS

Two best friends are furnishing their new apartment together.

I’m Renting for the First Time Since COVID-19 Began — Here’s What I Wish I Had Known

When COVID-19 hit the U.S., I was one of many 20-somethings who moved back home. Little did I know I’d stay there for nearly two years as the country grappled with wave after wave of COVID surges, and I grappled with pandemic depression. (Not to be confused with pandemic fatigue. COVID-19 depression and anxiety has its own page on Johns Hopkins.) The Future of Finances: Gen Z & How They Relate to MoneyMore: Should You Still Buy a Home in Today’s Market? In January, I finally rejoined the droves of hopeful renters searching for a good deal. I signed up…

By Levi Leidy

Teaching Your Gen Z Kids About Money: The Top 10 Things To Know

There’s not much you can teach Generation Z that they can’t find out themselves. They are digital natives, after all — with YouTube, TikTok, Instagram and more, there’s an answer around every corner. However, who is giving the advice could mean the difference between teaching your child to fish and them being catfished by a fake financial pro online. Find Out: Should You Pay For Your Kid’s College? Experts Weigh In Look: The Hidden Costs of Education at Every Level To help navigate these waters, GOBankingRates put together the top 10 things Gen Z should know about money. 1. Learn the…

By Emeri Montgomery

How To Become Financially Independent: What It Means and How To Start

If you want to retire early to do some traveling or to spend quality time with your family, you’ll need to create a plan that will result in you becoming financially independent. Staying out of debt and building your net worth are two actions that can help you gain financial independence and increase your chances of successfully retiring early. Gaining financial stability requires patience — you need to learn how to effectively manage your money and create passive income streams. Here are the retirement strategies you need to achieve financial independence. Learn: 27 Best Strategies To Get the Most Out…

By Cynthia Bowman

The Worst Personal Finance Advice on TikTok (and Why It’s Wrong)

TikTok isn’t just about viral dance videos. It has quickly become a popular resource for personal finance advice — but unfortunately, not all of it is good. While there are some legitimate money experts on the app, there is a lot of financial advice floating around on TikTok that is misleading or just plain wrong. GOBankingRates asked personal finance experts to debunk some of the worst money advice on TikTok — so if you see any of this pop up on your #fyp, keep on scrolling. See: TikTok Influencers Are Paid More Than CEOs — But Which Is the Better Long-Term…

By Gabrielle Olya

Cash Stuffing: How Does This Budgeting Method Work?

Every generation looks at the younger generations and scratches their heads, noting differences that often feel miles wide. Generation Z, those born between 1997 and 2012, is definitely doing things differently than older generations, especially when it comes to money. See Also: 5 Unusual Ways To Make Extra Money (That Actually Work) Cash stuffing has been around a long time–and is also known as “cash envelope budgeting method.” But how exactly does it work? What about online purchases? Here’s everything you need to know about cash stuffing: What Is Cash Stuffing and How Does It Work? Cash stuffing is a…

By Jacob Wade

How To Remove Your Parent From Your Bank Account

As a child, you probably marched into your first bank with a parent, holding the contents of your piggy bank or the $50 check that your grandma sent you for your birthday in your pocket to use to open your first bank account. You walked out so proud to have achieved this rite of passage — your account with your own money. See: 3 Things You Must Do When Your Savings Reach $50,000 Since minors generally can’t open a bank account, a parent or guardian will be listed as a co-owner, making it a jointly owned account. As joint account…

By Jami Farkas

Gen Z in the Workforce

10 Most Promising Careers for Gen Z Workers

For today’s Generation Z workforce, endless job possibilities exist. When their grandparents were asked, “What do you want to be when you grow up?”, their answers didn’t vary much. Teacher. Doctor. Firefighter. Careers along those lines. Check Out: The 10 Best Stocks for the Gen Z InvestorRead: 4 Industries Gen Z Might Save — and 4 It Might Destroy But thanks to technological advancements in everything from streaming services to solar power, Gen Zers have a lot more jobs open to them. And their priorities are different, too, when it comes to work. The 2021 Gen Z Spotlight Report from the Carson…

By Jami Farkas

Shot of a young woman mopping the floor of a coffee shop during the day.

Gen Z & Millennials Would Rather Be Unemployed Than Unhappy at Work

More than half of employees (56%) age 18 to 24, a demographic classified as Gen Z, say they would quit a job that prevented them from enjoying their lives, a new survey suggests. Forty percent of this demographic said they would “rather be unemployed than unhappy working in a job they didn’t like,” according to the 2022 Randstad Workmonitor report. The survey polled 35,000 employees across 34 markets and showed dramatically changing attitudes in the workplace — potentially sparked by the pandemic — as exemplified by The Great Resignation. Discover: 5 Best Foods To Buy in Bulk at Costco This…

By Dawn Allcot

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Stressed mother going through her finances stock photo

5 Types of People Struggling to Pay Bills Right Now — Are You One of Them?

By Jennifer Taylor

How the Investment ‘Trump Accounts’ Will Affect the Middle Class

By Kerra Bolton

A rich man in a suit and tie counts US dollars in his hand and puts them in his pocket.

What $10K Buys You Now vs. 10 Years Ago

By Jennifer Taylor

WASHINGTON, DC - JUNE 14: Warren Buffet participates in a discussion during the White House Summit on the United State Of Women June 14, 2016 in Washington, DC.

Warren Buffett’s Financial Plan To Eliminate America’s Debt in 5 Minutes

By Caitlyn Moorhead

Save For Your Future

The Cost of Higher Education

The Most Unusual Scholarships and Education Grants To Help You Pay For School

The thought of the cost of attending college is daunting, whether you’re a parent or a student. According to the College Board, costs of tuition in 2020-21 ranged from an average of $10,650 a year for a public, four-year in-state college to $37,650 for a private nonprofit four-year college. Worth Reading: Explore the Cost of Education in the United States Find Out: Can You Afford Education in America at These Prices? But don’t let the sticker shock and the thought of paying student loans for years discourage you. These days, scholarships exist for just about everything and anyone; you don’t…

By Jami Farkas

The Hidden Costs of Education at Every Level

It’s expensive to raise a kid — and you may not realize how much you’re paying in extra education expenses at every age, too. Whether you send your child to public or private school, there are a lot of additional costs that creep up and can quickly add hundreds of dollars to your budget — and even more as your kids get older. When your children reach college, be prepared for thousands of dollars in hidden costs beyond the already massive bills for tuition, room and board. Here’s how to prepare for these extra costs of education at every age….

By Kimberly Lankford

The teenager holds dollar bills and looks at the smartphone screen. stock photo

Should Teens Contribute To Saving for Education?

Wrangling with student loan debt is one of the most significant economic struggles in the U.S. Americans owe over $1.75 trillion in student loan debt across over 40 million borrowers. Though President Joe Biden has made promises to reduce that debt, it surely won’t be eliminated altogether, and we can expect the problem of mounting student loan debt to continue. See Our List: 100 Most Influential Money Experts Cash App Borrow: How To Borrow Money on Cash App With this in mind, parents may be wondering, should their kids start working as teenagers to contribute to their college tuition? Experts…

By Nicole Spector

Red For Rent Real Estate Sign in Front House.

How To Save Money on Your Apartment Hunt: A Guide for College and Post-Graduate Students

According to a report from Finances Online, just 22% of college students in the U.S. live in on-campus housing. About the same, 23%, live in purpose-built off-campus housing. The largest percentage by far — more than half at 55% — are renters. Check Out: 35 Surprising Cities With Low Costs of Living See: The Cost To Own a 3-Bedroom Home in Every State That means that a whole lot of college students are competing for the same apartments and houses — and today, they’re doing it in one of the tightest and most expensive rental markets in recent memory. GOBankingRates…

By Andrew Lisa

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