Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth – PYMNTS.com
American Express The earnings, released on Friday (July 19), showed that consumers continue to spend money on experiences, especially dining out, driven by younger generations who are using their cards more frequently. Spending by millennial and Gen Z customers increased 13% year over year, according to executives. CFO Christophe Le Caillec Spending growth was seen […]
Almost half of Gen Z rely on parental financial help: Report
The vast majority of Zoomers are supported by subsidies from their families. A staggering 46% of Gen Zers rely on extended family for financial help, according to a new survey released this week by Bank of America. “Parent TrapEarlier this year, research firm Gen Z Research Center surveyed more than 1,000 Gen Zers (currently defined […]
NYC Gen Z singles reveal their biggest dating red flags
The New York dating scene is a big red flag. Searching for a significant other in the Big Apple is notoriously wild and “cuttled,” especially for those looking for a real, lasting relationship. In a WalletHub survey, the city that never sleeps ranked pretty low on the list of places where romance thrives — a […]
Nearly half of Gen Z rely on financial help from parents, family: BofA survey
TikTok star Taylor Price shares why she started helping younger people manage their money and her best tips for achieving financial freedom. New Research Bank of America Surveys have found that nearly half of Gen Z adults rely on financial support from their parents or other family members to get by. According to a survey […]