With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Recent data shows that Gen Z is using credit cards earlier than millennials did at the same age. Higher balances and delinquency rates suggest some Gen Z credit card users struggle with repayment. As ...
New data has revealed that not only is Gen Z not using credit cards, they’re actively afraid. But can we blame them, asks Rich Bayer For decades, credit cards have been a preferred payment method for ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Credit card balances for Americans hit a record $1 trillion this year. Generation Z is racking up more credit card debt than previous generations, while Generation X holds the highest average of ...
A recent Bank of America study on Gen Z's Financial Health shows that over half of Gen Z (51%) say that the high cost of living is a top barrier holding them back from financial success. As this ...
Roadblocks for today’s young adults include fewer entry-level jobs, rising debt and increasing reliance on debit cards or “buy now, pay later” loans. By Kailyn Rhone When Danny Benson started applying ...
Generation Z is adopting credit cards earlier and using them more aggressively than previous generations. But its use of credit cards more than other generations isn’t what’s raising alarm bells.