As they are approaching the early stages of their careers, Gen Zers should have a financial plan to address their short-term and long-term financial goals.
You need to put aside at least six months of living expenses for emergency funds for those uncertain times when you may experience unforeseen expenses.
Gen Zers should avoid becoming impulsive shoppers. While their parents and friends are influential, they access informative data to get more valuable deals.
These amounts align with Millennials’ average score, but Gen Z has had far less time to demonstrate their financial ability to raise their score given their younger age.