(BPT) - New research reveals how AI, gambling and money shame are shaping younger Americans' financial lives.
Millennials and Gen Z are facing significant financial pressure, with many seeing their debt grow every day from increased living costs, lingering expenses and unexpected life events. For some, that pressure is shaping not only how they manage their money, but also where they turn for financial guidance and how they think about relationships, family and their futures.
kAmp ?6H DEF5J 3J k2 9C67lQ9EEADi^^HHH]?2E:@?2=563EC6=:67]4@>^nDC4l*@F?86Cv6?6C2E:@?D$FCG6JQ E2C86ElQ03=2?<Q C6=lQ?@7@==@HQm}2E:@?2= s63E #6=:67k^2m :? A2CE?6CD9:A H:E9 (2<67:6=5 #6D62C49Y D9@HD 9@H 566A=J J@F?86C p>6C:42?D 2C6 492==6?865 3J 563E 2?5 E96 DE:8>2 2C@F?5 :E[ ECFDE:?8 px @G6C =@G65 @?6D[ E2<:?8 7:?2?4:2= C:D<D E@ A2J @77 563E 2?5 C6E9:?<:?8 >2;@C =:76 564:D:@?D]k^Am
kAmkDEC@?8mw@H H:56DAC625 :D 563E 7@C v6? + 2?5 >:==6??:2=Dnk^DEC@?8mk^Am
kAms63E :D H:56DAC625 2>@?8 J@F?86C p>6C:42?D[ H:E9 ?62C=J h :? `_ >:==6??:2=D WgfTX 2?5 2=>@DE g :? `_ v6? + WffTX 4FCC6?E=J 42CCJ:?8 563E] (96? =@@<:?8 2E F?D64FC65 563E[ DF49 2D 4C65:E 42C5D[ >65:42= 3:==D[ A6CD@?2= =@2?D 2?5 qFJ }@H[ !2J {2E6C Wq}!{X[ >@C6 E92? f :? `_ >:==6??:2=D WfbTX 2?5 e :? `_ v6? +6CD We_TX 42CCJ F?D64FC65 563E] rC65:E 42C5 563E H2D 4:E65 2D E96 >@DE 4@>>@?]k^Am
kAm#:D:?8 4@DED 2?5 F?6IA64E65 6IA6?D6D 2C6 E96 8C62E6DE 4@?EC:3FE@CD E@ E92E 563E] |:==6??:2=D 4:E6 64@?@>:4 724E@CD WchTX 2?5 F?6IA64E65 6IA6?D6D WchTX 2D E96 >@DE 4@>>@? 42FD6D @7 E96:C 563E :? E96 =2DE J62C[ H9:=6 v6? + 4:E6D F?6IA64E65 6IA6?D6D Wc_TX 2D E96 =625:?8 5C:G6C @7 E96:C 563E]k^Am
kAmkDEC@?8m(9J J@F?86C p>6C:42?D EFC? E@ px 7@C 25G:46k^DEC@?8mk^Am
kAm&?7@CEF?2E6=J[ 563E 42CC:6D 2 DE:8>2 2?5 766=:?8D @7 D92>6 7@C >2?J J@F?86C 86?6C2E:@?D E92E 42? >2<6 :E F?4@>7@CE23=6 7@C E96> E@ E2=< 23@FE] x? 724E[ e :? `_ >:==6??:2=D We_TX 2?5 2 D:>:=2C D92C6 @7 v6? + WdhTX D2J E96JV5 C2E96C AF3=:4=J 5:DA=2J E96:C H6:89E E92? E96:C E@E2= 563E] %92E 5:D4@>7@CE >2J 36 @?6 C62D@? J@F?86C p>6C:42?D 2C6 :?4C62D:?8=J EFC?:?8 E@ 2CE:7:4:2= :?E6==:86?46 7@C 7:?2?4:2= 8F:52?46]k^Am
kAm}62C=J f :? `_ >:==6??:2=D WehTX 2?5 ecT @7 v6? + 92G6 FD65 px 7@C 25G:46 23@FE 2 7:?2?4:2= 492==6?86 @C DECF88=6[ 4@>A2C65 H:E9 cdT @7 v6? ) 2?5 ;FDE abT @7 3@@>6CD] p?5 edT @7 >:==6??:2=D 2?5 dbT @7 v6? + D2J E96J H@F=5 766= >@C6 4@>7@CE23=6 5:D4FDD:?8 7:?2?4:2= DECF88=6D H:E9 px E92? H:E9 E96 A6@A=6 4=@D6DE E@ E96>]k^Am
kAm%9:D EFC? E@ px :D 2=D@ :?7=F6?4:?8 E96 7:?2?4:2= 564:D:@?D @7 >2?J J@F?86C p>6C:42?D] u@CEJ\D:I A6C46?E @7 >:==6??:2=D 2?5 bdT @7 v6? + D2J px 92D 6?4@FC2865 E96> E@ >2<6 2 >2;@C AFC492D6 E96J H6C6 F?46CE2:? 23@FE] w@H6G6C[ EC25:E:@?2= 7:?2?4:2= C6D@FC46D DE:== C2?< 2D E96 >@DE ECFDE65 D@FC46 @7 7:?2?4:2= 8F:52?46 2>@?8 3@E9 86?6C2E:@?D]k^Am
kAmQu:?2?4:2= DECF88=6D 42? 36 :?4C65:3=J A6CD@?2=[ 2?5 J@F?86C 25F=ED >2J 36 =@@<:?8 7@C A=246D H96C6 E96J 42? 2D< BF6DE:@?D H:E9@FE 766=:?8 ;F5865[Q D2:5 %:>: y@J y@C86?D6?[ !9]s][ Q%96 y@J7F= |@?6J s@4E@CQ 2?5 A6CD@?2= 7:?2?46 6IA6CE H:E9 }2E:@?2= s63E #6=:67] Qpx 42? 36 2 FD67F= DE2CE:?8 A@:?E 3FE D9@F=5?VE C6A=246 ECFDE65 8F:52?46 E92E E2<6D 2 A6CD@?VD 7F== 7:?2?4:2= D:EF2E:@? :?E@ 244@F?E]Qk^Am
kAmkDEC@?8mw@H J@F?86C p>6C:42?D 2C6 C6DA@?5:?8 E@ 7:?2?4:2= AC6DDFC6k^DEC@?8mk^Am
kAm(9:=6 D@>6 J@F?86C p>6C:42?D 2C6 EFC?:?8 E@ px 7@C 7:?2?4:2= 8F:52?46 E@ 2G@:5 766=:?8 ;F5865[ E96 AC6DDFC6 E96J 7246 42? 2=D@ =625 E@ C:D<:6C 2AAC@2496D E@ 255C6DD:?8 563E] p>@?8 E9@D6 H9@ C68F=2C=J A2CE:4:A2E6 :? 82>3=:?8[ EC25:?8 2?5 D:>:=2C 24E:G:E:6D[ edT @7 v6? + 2?5 chT @7 >:==6??:2=D D2J E96J 92G6 5@?6 D@ :? 2? 2EE6>AE E@ A2J @77 563E]k^Am
kAmQq@CC@H:?8 >@?6J E@ 82>3=6 :? 9@A6D @7 A2J:?8 @77 563E 42? 4C62E6 2 4J4=6 E92E =62G6D A6@A=6 :? 2? 6G6? >@C6 5:77:4F=E 7:?2?4:2= A@D:E:@?[Q D2:5 r2E9=66? q6==[ G:46 AC6D:56?E @7 rFDE@>6C #6D62C49 U2>Aj x?D:89ED[ }2E:@?2= s63E #6=:67] Q(96? 563E 766=D @G6CH96=>:?8[ F?56CDE2?5:?8 J@FC @AE:@?D 2?5 4C27E:?8 2 D276C A=2? H:E9 2? 6IA6CE 42? @776C 2 >@C6 DFDE2:?23=6 A2E9 7@CH2C5]Qk^Am
kAmkDEC@?8mu:?2?4:2= AC6DDFC6 :D 27764E:?8 >2;@C =:76 564:D:@?D 7@C J@F?86C p>6C:42?Dk^DEC@?8mk^Am
kAmu:?2?4:2= AC6DDFC6 :D 2=D@ D92A:?8 9@H J@F?86C p>6C:42?D E9:?< 23@FE E96:C 7FEFC6D 2?5 C6=2E:@?D9:AD] }62C=J E9C66\7@FCE9D @7 v6? + WfaTX D2J A6@A=6 D9@F=5 AC:@C:E:K6 7:?2?4:2= D64FC:EJ 6G6? :7 :E >62?D ?@E 92G:?8 49:=5C6?] s63E 42? 2=D@ 27764E 9@H J@F?86C 86?6C2E:@?D 6G2=F2E6 A@E6?E:2= C@>2?E:4 A2CE?6CD[ H:E9 23@FE 92=7 @7 >:==6??:2=D WchTX C2?<:?8 563E 2>@?8 E96 E@A E9C66 E9:?8D E96J H2?E E@ <?@H 23@FE 2 A@E6?E:2= A2CE?6C[ >@C6 E92? 2CC6DE 9:DE@CJ[ C6=:8:@FD 36=:67D 2?5 A@=:E:42= G:6HD]k^Am
kAm$@4:2= A2J>6?E 2AAD 42? 27764E 9@H J@F?86C 86?6C2E:@?D A6C46:G6 6249 @E96C 2D H6==] ~?6\BF2CE6C @7 >:==6??:2=D WadTX D2J E96JVG6 7@C>65 2? @A:?:@? 23@FE D@>6@?6VD 7:?2?4:2= 923:ED 32D65 @? E96:C '6?>@ EC2?D24E:@?D[ 4@>A2C65 H:E9 `fT @7 v6? + 2?5 `dT @7 p>6C:42?D @G6C2==]k^Am
kAm%96D6 AC6DDFC6D 2C6 2=D@ D92A:?8 J@F?86C p>6C:42?DV 6IA64E2E:@?D 7@C E96:C @H? 7:?2?4:2= 7FEFC6D] }62C=J 92=7 @7 >:==6??:2=D WceTX 2?5 @?6\E9:C5 @7 v6? + WbbTX D2J 2 563E\7C66 =:76 :D ?@E 2 C62=:EJ 7@C E96>]k^Am
kAmQu:?2?4:2= DEC6DD 42? >2<6 =@?8\E6C> 8@2=D 766= 7FCE96C @FE @7 C6249[Q D2:5 q6==] Qw2G:?8 2 4=62C6C A:4EFC6 @7 J@FC 7:?2?46D 42? 96=A J@F >2<6 564:D:@?D H:E9 8C62E6C 4@?7:56?46]Qk^Am
kAmkDEC@?8mtG6CJ52J DA6?5:?8 42? 4@?EC:3FE6 E@ 563Ek^DEC@?8mk^Am
kAmtG6CJ52J AFC492D6D 42? 2=D@ >2<6 6I:DE:?8 7:?2?4:2= AC6DDFC6D 92C56C E@ >2?286] p3@FE f :? `_ >:==6??:2=D 2?5 v6? + H:E9 563E Wf`T 2?5 ehT[ C6DA64E:G6=JX D2J 4@?G6?:6?46 AFC492D6D =:<6 DF3D4C:AE:@?D[ 7@@5 56=:G6CJ 2?5 D@4:2= >65:2 D9@AA:?8 92G6 4@?EC:3FE65 E@ H92E E96J @H6[ 4@>A2C65 H:E9 d`T @7 v6? ) 2?5 bbT @7 3@@>6CD]k^Am
kAmu@C J@F?86C 86?6C2E:@?D[ E96 FC86 E@ QEC62E J@FCD6=7Q 42? @FEH6:89 7:?2?4:2= 4@?DEC2:?ED 2D H6==] $6G6?EJ\EH@ A6C46?E @7 >:==6??:2=D 2?5 ecT @7 v6? + D2J E96JVG6 3@F89E D@>6E9:?8 E96J 76=E E96J 56D6CG65 6G6? H96? E96J 4@F=5?VE 277@C5 :E 2E E96 E:>6[ 4@>A2C65 H:E9 beT @7 3@@>6CD]k^Am
kAmkDEC@?8m%:AD 7@C 92?5=:?8 563Ek^DEC@?8mk^Am
kAm&?56CDE2?5:?8 9@H >F49 J@F @H6 2?5 H92E :D 4@?EC:3FE:?8 E@ 563E 42? 96=A 56E6C>:?6 H92E DE6AD E@ E2<6] $EC2E68:6D E@ >2?286 563E :?4=F56ik^Am
kF=mk=:mkDEC@?8m%2<6 2? 9@?6DE =@@< 2E J@FC 7:?2?46D]k^DEC@?8m %@E2= J@FC 563E[ :?4@>6 2?5 >@?E9=J 6IA6?D6D D@ J@F <?@H 6I24E=J H92E J@F @H6 2?5 H92E J@F 42? C62=:DE:42==J 277@C5 E@ A2J 5@H?]k^=:mk=:mkDEC@?8mqF:=5 2 C62=:DE:4 3F586E]k^DEC@?8m #6G:6H 6DD6?E:2= 2?5 C64FCC:?8 6IA6?D6D[ :?4=F5:?8 DF3D4C:AE:@?D[ DEC62>:?8 D6CG:46D 2?5 7@@5 56=:G6CJ[ E@ F?56CDE2?5 J@FC E@E2= >@?E9=J 4@DED 2?5 :56?E:7J ?@?6DD6?E:2= DA6?5:?8 E92E 42? 36 C65F465]k^=:mk=:mkDEC@?8m!2J :? 7F== H96? A@DD:3=6]k^DEC@?8m (96?6G6C A@DD:3=6[ A2J J@FC 7F== DE2E6>6?E 32=2?46 C2E96C E92? E96 >:?:>F> 5F6] !2J:?8 @?=J E96 >:?:>F> 42? >62? 4@?E:?F:?8 E@ 244CF6 :?E6C6DE @? E96 C6>2:?:?8 32=2?46]k^=:mk=:mkDEC@?8mr9@@D6 2 C6A2J>6?E DEC2E68J]k^DEC@?8m u@4FD @? J@FC 9:896DE :?E6C6DE C2E6 563E 7:CDE E@ D2G6 >@?6J @G6C E:>6 @C A2J @77 E96 D>2==6DE 32=2?46D 7:CDE 7@C BF:4< H:?D E92E 3F:=5 >@>6?EF>]k^=:mk=:mkDEC@?8mz?@H H96? E@ D66< 6IA6CE 8F:52?46]k^DEC@?8m x7 563E 766=D F?>2?28623=6 @? J@FC @H?[ =62C?:?8 23@FE E96 563E C6=:67 @AE:@?D 2G2:=23=6 2?5 DA62<:?8 H:E9 2 AC@76DD:@?2= 42? 96=A J@F 56E6C>:?6 H92E 2AAC@249 >2J 7:E J@FC 7:?2?4:2= D:EF2E:@? 2?5 3F586E]k^=:mk^F=m
kAmkDEC@?8mu:?5:?8 E96 C:89E 563E C6=:67 D@=FE:@?k^DEC@?8mk^Am
kAm%96 DEC2E68:6D 23@G6 42? 96=A >2<6 563E >@C6 >2?28623=6[ 3FE D:8?:7:42?E 563E 42? D@>6E:>6D 36 5:77:4F=E E@ 255C6DD 2=@?6] x? E9@D6 D:EF2E:@?D[ 6IA6CE 8F:52?46 42? 96=A 4@?DF>6CD F?56CDE2?5 E96 @AE:@?D 2G2:=23=6 2?5 56E6C>:?6 2 A2E9 7@CH2C5]k^Am
kAmx7 J@FVC6 DECF88=:?8 H:E9 Sf[d__ @C >@C6 :? F?D64FC65 563E[ k2 9C67lQ9EEADi^^HHH]?2E:@?2=563EC6=:67]4@>^Q E2C86ElQ03=2?<Q C6=lQ?@7@==@HQm}2E:@?2= s63E #6=:67k^2m @776CD 2 A6CD@?2=:K65 2AAC@249 E@ C6D@=G:?8 563E 2?5 H@C<:?8 E@H2C5 8C62E6C 7:?2?4:2= DE23:=:EJ] %96 4@>A2?J 4C62E6D 2 4FDE@>:K65 563E C6=:67 A=2? 32D65 @? 2 4=:6?EVD :?5:G:5F2= 7:?2?4:2= D:EF2E:@?] r=:6?ED >2<6 56A@D:ED :?E@ 2 565:42E65 D2G:?8D 244@F?E E96J @H? 2?5 4@?EC@=[ 3F:=5:?8 7F?5D E92E 42? 36 FD65 E@H2C5 ?68@E:2E65 D6EE=6>6?ED]k^Am
kAm}2E:@?2= s63E #6=:67 H@C<D H:E9 4C65:E@CD E@ ?68@E:2E6 6=:8:3=6 563ED 7@C =6DD E92? E96 7F== 2>@F?E @H65] r=:6?ED 5@ ?@E A2J 2 D6EE=6>6?E 766 F?E:= 2 563E 92D 366? DF446DD7F==J ?68@E:2E65[ E96 4=:6?E 2AAC@G6D E96 k2 9C67lQ9EEAi^^HHH]}2E:@?2=s63E#6=:67]4@>^C6D@FC46D^563E\C6=:67\D6EE=6>6?E^Q E2C86ElQ03=2?<Q C6=lQ?@7@==@HQm563E C6=:67 D6EE=6>6?Ek^2m[ 2?5 2E =62DE @?6 A2J>6?E 92D 366? >256 E@H2C5 :E] r=:6?ED 2=D@ C646:G6 2446DD E@ 7:?2?4:2= 65F42E:@? 2?5 C6D@FC46D E@ 3F:=5 962=E9:6C 7:?2?4:2= 923:ED]k^Am
kAmQpD<:?8 7@C 96=A D9@F=5?VE 36 2 =2DE C6D@CE[Q 25565 q6==] Qu@C A6@A=6 42CCJ:?8 D:8?:7:42?E F?D64FC65 563E[ :EVD 4CF4:2= E@ <?@H E96C6 2C6 D@=FE:@?D E@ 96=A E96> 86E 324< @? EC24<]Qk^Am
kAm{62C? >@C6 2E k2 9C67lQ9EEADi^^HHH]?2E:@?2=563EC6=:67]4@>^Q E2C86ElQ03=2?<Q C6=lQ?@7@==@HQm}2E:@?2=s63E#6=:67]4@>k^2m]k^Am
kAmkDEC@?8mY$FCG6J |6E9@5@=@8Jik^DEC@?8m %96 }2E:@?2= s63E #6=:67 DFCG6J H2D 4@?5F4E65 3J (2<67:6=5 #6D62C49 E9C@F89 2 4FDE@> @?=:?6 DFCG6J @7 a[___ ?2E:@?2==J C6AC6D6?E2E:G6 &]$] 25F=ED 286D `g 2?5 @=56C] %96 DFCG6J :?4=F565 EH6?EJ Wa_X 4@?E6?E BF6DE:@?D[ 2=@?8 H:E9 4FDE@> D4C66?6CD 2?5 56>@8C2A9:4 BF6DE:@?D] xE :?4=F565 C6DA@?D6D 7C@> dd_ >:==6??:2= 25F=ED H:E9 @G6CD2>A=6 :?E6CG:6HD 4@?5F4E65 E@ :?4C62D6 E96 E@E2= ?F>36C @7 v6? + C6DA@?56?ED E@ d__]k^Am
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.