Gen Z is cooking more and shopping less as they struggle to achieve financial success
They say the cost of living is their biggest barrier to financial success.
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I'm not sure who the article is referring to, but pretty much every Gen Z person I know lives at home with their parents. So not really a strong point being made here. Oh, it's fortune. That explains it.
From experience, fully 75% or more of what comes out on Fortune is bootlicking in disguise of journalism.
Gen Z is as old as like 26. There are plenty living on their own.
Almost all of my 26-and-under co-workers are living at home. Not everyone immediately moves out at 18, and with the sky high housing cost in this area I wouldn't even say 'most'. Even for university, some of these co-workers have degrees but still live at home.
I'm 26 and I've been living on my own for 4 or 5 years now. I'm poor as shit and can't get ahead on debt, I wish I had the opportunity to live at home because I'm going nowhere right now and I'm making what would be considered a decent amount of money for my age and position. Shit is miserable.
I’m not much older than you and I feel you. I actually make 6 figures which I thought would make me very comfortable, but I incurred a lot of debt in the pursuit of making this much money which has been strangling me up the ladder for years. The cost of food, gas, and housing has been rising just as fast as my salary without any lifestyle changes except to accommodate my job, so paying down the debt only gets harder. I remember years ago making hardly any money daydreaming about finishing school and getting established in my career and finally having money, but honest to god man I’m probably more broke now than I was then.So theoretically, I make very good money but I won’t actually get to keep any of it for like another 10 years at this rate.
If I could move back in with my parents for like… a year or two I would be so golden lol.