Generation Z: The Future of Finances

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

Baby Boomers Share Their Biggest Money Regrets for Gen Z To Learn From

No one starts out as an expert when it comes to finance and money. Typically, the best lessons are learned over time, through experience. As most baby boomers are now close to or moving through retirement, they've likely had a lifetime of financial ups and downs. Find Out: Baby Boomers, Gen X or Millennials — Who Really Had It Worst Financially? Boomers vs. Millennials: A Look at the Financial Gap Between Generations On the other end of the age spectrum, Generation Z is just dipping their toes into the waters of finance and investment, and there's lots they can learn…

By John Csiszar

Disappointed african American millennial male sit on couch feel frustrated by unexpected bad news on cellphone, confused biracial man stressed by negative message on smartphone, cyberbullying concept.

Over 60% of Millennials and Gen Z Are 'Constantly Stressed' About Money, Survey Finds

By Vance Cariaga

Many Gen Zers and Millennials Still Rely on Parents’ Financial Support

By Yaёl Bizouati-Kennedy

What You Need To Know About Buying Your First Car

By Andrew Lisa

7 Ways To Raise Financially Wise Gen Z Kids

By Gabrielle Olya

DEBT, INVESTING & MORE

Gen Z and Debt

How Gen Z Invests

Financial Habits Explored

Moving Home

Three-Fourths of Gen Z Has Less Than $10,000 in Debt, Survey Finds

By Yaёl Bizouati-Kennedy

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

By John Csiszar

Cropped shot of an unrecognizable woman out shopping in the city.

A Look at Gen Z’s Financial Habits, From Spending to Saving and More

By Nicole Spector

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

By Yaёl Bizouati-Kennedy

SPENDING & SAVING

Save For Your Future

FINANCIAL TIPS & TRICKS

Parents, Pay Attention: Here’s the Best Way To Build Your Gen Z Kid’s Credit

Having good credit means more than just meeting qualification requirements for a favorable interest rate on a car loan or a mortgage. It impacts everyday things you do — without you even knowing it. See: 25 Things You Should Never Do With Your Money Find Out: $1M Is No Longer the Standard Nest Egg – Here's How Much Most Americans Think You Actually Need To Retire Your credit score is tabulated based on the information contained in your credit reports. The higher the score, the better credit risk you are. As such, you can qualify for lower annual percentage rates…

By Jami Farkas

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. Related: The 10 Best Money Experts To Watch on TikTok Money's Most Influential: Where Do…

By Gabrielle Olya

How To Balance a Checkbook Digitally — and Why You Should

When we think about personal finance, we often consider budgeting or investing, but we don't necessarily think about balancing a checkbook. Perhaps that is because paper checks are less common than they used to be. But there are other ways to keep track of what you spend. Learn: How To Get Into the Habit of Saving Money Read: 21 Budgeting Tips for College Students In other words, there are more options other than writing your check balances in the back of a checkbook. These days, you can do things digitally instead. Thus, you may not actually be keeping track of paper…

By Bob Haegele

How To Remove Your Parent From Your Bank Accounts

As a child, you probably marched into your first bank with a parent, the contents of your piggy bank or the $50 check that grandma sent you for your birthday in your pocket to use to open your first savings account. You walked out so proud to have achieved this rite of passage — your very own account with your very own money in it. Budget: 35 Useless Expenses You Need To Slash From Your Budget Now Smart Banking: 11 Best Options for Free Checking With No Minimum Balance Since minors generally can't open savings accounts, a parent or guardian…

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 Investor Read: 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…

By Jami Farkas

Why You Should Invest In a 401(k) at Your First Job

If your first job is with a company that offers you a 401(k) plan, congratulations! A solid 401(k) plan is an invaluable asset when it comes to saving for your retirement. But just having access to a 401(k) plan doesn't guarantee a prosperous retirement. You'll have to take the steps to invest in the plan in a way that maximizes all of its potential benefits. Here's a look at the main reasons why you should invest in a 401(k) at your first job. Find Out: How Long $500K Will Last in Retirement in Each State See: Surprising Data Reveals The…

By John Csiszar

young woman studying in her living room,sitting on the carpet.

How To Write a Good Resume With No Experience

When applying for jobs, your resume is the first impression you make to recruiters and hiring managers. But how do you create an impressive resume when you're applying for your first job? Related: Is Your Resume Up To Par With the Competition? Jobs: 20 Jobs Where You Can Make $60,000 Out of College GOBankingRates spoke with professional resume writers and other career experts to get their best advice for writing a resume when you have no work experience yet. Make the Most of the 'Education' Section "Because you don't have much work experience, hiring managers will pay close attention to your…

By Gabrielle Olya

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Generation Z: The Future of Finances

Baby Boomers Share Their Biggest Money Regrets for Gen Z To Learn From

Over 60% of Millennials and Gen Z Are 'Constantly Stressed' About Money, Survey Finds

Many Gen Zers and Millennials Still Rely on Parents’ Financial Support

What You Need To Know About Buying Your First Car

7 Ways To Raise Financially Wise Gen Z Kids

Three-Fourths of Gen Z Has Less Than $10,000 in Debt, Survey Finds

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

A Look at Gen Z’s Financial Habits, From Spending to Saving and More

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

Save For Your Future

Parents, Pay Attention: Here’s the Best Way To Build Your Gen Z Kid’s Credit

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

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

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

How To Balance a Checkbook Digitally — and Why You Should

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