Generation Z (13-22) financial worries. Same as yours or mine? Your kids or grandkids? Read on...
USA TODAY 6/20/2012
The Greatest Generation, almost completely retired
The Boomers, 10,000 retiring a day
Gen X, the "Bart Simpson" Generation
Gen Y, The first really tech generation
Gen Z, now starting their young lives, 13-22, so what's their story? You, your kids, grandkids, great-grandkids?
The Millenials, born after 2000
56% have a savings account, $300 average amount saved
40% have a checking account
41% carefully follow a budget (so what do the 59% do?)
40% worry about having their ID stolen (so why to they tell all on facebook??)
39% concerned about affording college
25% say they rely or will need student loans BUT 66% in 2010 graduated with student loan debt
76% say it's important to save money in their lives
25% have a credit card balance BUT half carry balances on the card for at least 6 months
SO how's that compare to your life experiences?
Do you know or help any of the Generation Z kids out? Do they listen?