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Gen Z's Credit Card Revolution: Navigating Financial Anxiety
In today's video, we dive into the latest research from Splitit and Pymnts, revealing how rising economic uncertainty is reshaping consumer behaviors, especially among Gen Z. With anxiety levels at an all-time high, young adults are gravitating towards credit card-linked installment plans, doubling the rate of older generations. Discover why over 63% of Gen Z express concerns over unexpected expenses and how they are adapting their financial strategies.
Join the conversation in the comments and share your thoughts on this shift in consumer behavior! Don’t forget to like and share this video to help others navigate today's financial landscape.
#GenZ #FinancialAnxiety #ConsumerBehavior #CreditCard #EconomicUncertainty
See Less
OUTLINE:
00:00:00
Introduction
00:00:18
Audience Engagement
00:00:34
Survey Findings
00:01:34
Unplanned Expenses
00:02:17
Strategic Spending
00:02:49
Financial Management
00:03:27
BNPL and Credit Card Usage
00:04:01
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