We've Destroyed Millennials' & GenZ's Trust In The System | Kyla Scanlon

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I spend a lot of time on this channel talking with seasoned investors with decades of experience, the vast majority of whom are older than I -- oftentimes by several decades.

But I'm no spring chicken.

And I find myself more and more wondering how younger generations look at the world of finance and the economy -- especially with the daunting challenges they face: inflation & the high cost of living, extreme wealth inequality, record high housing unaffordability, AI's threat of mass jobs destruction, $37 trillion in national debt and growing...

How are they feeling about stepping into the financial world they're inheriting?

Is our education system teaching them financial literacy any better than the total failure it did with us?

Where are they getting their financial information from?

To find out, we have the pleasure of speaking with author, economic commentator, and educator Kyla Scanlon, one of the top Zillennial financial influencers. She is widely followed across TikTok, Instagram, YouTube, X and Substack.

Follow Kyla on Substack at http://kyla.substack.com/

Buy her book at https://www.amazon.com/This-Economy-Money-Markets-Really/dp/0593727878

And follow her on TikTok, Instagram, YouTube and X at @kylascan

#millennials #genz #investing

0:00 - Younger adults’ financial concerns
6:05 - Barbell approach to financial strategies
10:00 - Decline in college ROI and trade school rise
15:31 - AI-driven job displacement concerns
19:39 - Trump’s job creation promises
22:00 - New York’s socialist election outcome
26:05 - Attention economy’s influence
29:34 - Generational shift in media consumption
34:26 - Key takeaways from Scanlon’s book
39:30 - Engaging younger generations on finance
43:45 - Strategies for short-form content
46:04 - Encouraging financial literacy in youth
49:50 - Current economic and market outlook
54:42 - Advice for older generations
57:59 - Following Scanlon’s work
1:01:05 - Closing and actionable financial advice
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