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With overall consumer expenditures 18.2% higher than millennials, Gen X spends 7.54% more of their income than millennials on vehicles and 10.6% more on tobacco.
Gen Z has also had to deal with coming of age during the pandemic, but millennials may have been less influenced by the shift to online environments that the pandemic helped facilitate.
Thrift Shopping Over Buying New. Gen-Z loves thrift shopping and buying second-hand, so much so that certain thrift shops have noticed a decline in the quality and variety of items in your average ...
Shopping Habits. Gen Z might have been basically raised on their phones, but they still value a quality brick-and-mortar experience — in fact, they favor in-store shopping when making a purchase ...
Namely, millennials and Generation Z have lived through the Great Recession, followed by an incredible 10-year bull market, then an unprecedented global pandemic and historic inflation.
Gen Z -- currently aged 11 to 26 -- is facing a specific set of financial challenges. Becoming young adults amid a tricky economic landscape that includes stubborn inflation and soaring interest...
Baby boomer parents are handing over money to their Gen Z and millennial children, allowing them to fuel strong consumer spending, according to Meredith Whitney, the onetime "Oracle of Wall Street ...
Millennials and Gen Z tend to opt for more environmentally friendly modes of transportation, such as green vehicles or alternatives like public transit, cycling, scootering or car-sharing. In ...