Millennials to become richest generation in history

Millennials to become richest generation in history

Soaring rents, rising inflation and student debt are among some of the reasons millennials have struggled to purchase their own homes or build up their savings.  Catherine Falls Commercial | Moment | Getty Images A gigantic wealth transfer over roughly the next decade will likely make millennials “the richest generation in history,” according to a … Read more

Younger generations gained more wealth than others since 2019, study says

Younger generations gained more wealth than others since 2019, study says

Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New … Read more

I was miserable in my 30s. Then I turned 50 and I’ve never been happier—here’s the No. 1 reason why

I was miserable in my 30s. Then I turned 50 and I’ve never been happier—here’s the No. 1 reason why

Why higher emotional intelligence boosts happiness Emotional intelligence, which is the capacity to understand and control our emotions, as well as being sensitive to others’ feelings, nurtures our relationships and boosts our empathy. This can lead to stronger social connections. And as we age, our social bonds become even more vital to our well-being. With … Read more

Gen Z, millennials are grappling with high cost of living

Gen Z, millennials are grappling with high cost of living

Rockaa | E+ | Getty Images Despite earning more, many Gen Z adults and millennials are having a hard time finding room in their budgets to invest. To that point, 63% of young adults believe the stock market is a great place to build wealth and invest, but many are not participating, according to the … Read more

Indonesia’s presidential hopefuls on TikTok to woo Gen Zs, millennials

Indonesia’s presidential hopefuls on TikTok to woo Gen Zs, millennials

Indonesia’s presidential election is due 14 February and candidates are going all out to win over voters in this country of 274 million. With millennials and Gen Z voters making up 56.5% of the electorate campaigning is often done on social media. One platform in particular has emerged as key, TikTok. Sopa Images | Lightrocket … Read more

Affluent millennials more likely to exaggerate finances to appear wealthy

Affluent millennials more likely to exaggerate finances to appear wealthy

Ascentxmedia | E+ | Getty Images High inflation has prompted even well-to-do Americans to rethink their spending habits. But one group — affluent millennials — are more likely to lie or exaggerate their finances to appear financially successful, according to a recent survey from Wells Fargo. That goes for 34% of affluent millennials versus just … Read more

Why Gen Z doesn’t want to buy a car online

Why Gen Z doesn’t want to buy a car online

Momo Productions | Digitalvision | Getty Images Growing up in the age of the internet and technology, online shopping is second nature for Gen Zers. One-third, 32%, of Gen Z consumers shop online at least once a day, according to data from marketing firm Tinuiti. Yet, 80% of Gen Z drivers prefer to shop for … Read more

Gen Zs lead the way in Singapore’s online shopping space

Gen Zs lead the way in Singapore’s online shopping space

Logos of online social media and social networking sites displayed on a smartphone screen on August 01, 2023 in Bath, England. Matt Cardy | Getty Images News | Getty Images SINGAPORE — As more businesses turn to social media to sell their merchandise, online shoppers in Singapore are exploring new buying experiences — and Gen … Read more