Extra: Gen Z Is Deep In Debt. How Can They Get Out Of It?
Description
Like many Americans, Gen Z isn’t feeling great about the economy. However, they’re also facing a wealth problem, with individuals under 35 having the lowest average net worth for any generation. A large part of that is due to rising debt.
Many young adults struggle to manage a budget, pay off student loans, and afford housing.
Author, and financial expert, Rachel Cruze recently joined the Rundown’s Lisa Brady to discuss the financial woes of Gen Z.
Cruz broke down why the nation is facing record levels of consumer debt, and how young people have taken a different approach to spending than previous generations.
She also shared tips on how to pay down debt.
The conversation was long and we could not include all of it in our original FOX News Rundown segment.
On the FOX News Rundown Extra, you will hear our entire conversation with financial expert Rachel Cruze and get even more of her analysis and advice.
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