Young adults are feeling disillusioned about their economic prospects. That malaise can be dangerous, experts said.

Many feel frustrated by a tough job market and worried about debt, experts said.

Gen Z seems to have a case of economic malaise.

Nearly half (49%) of its adult members — the oldest of whom are in their late 20s — say planning for the future feels “pointless,” according to a recent Credit Karma poll.

A freewheeling attitude toward summer spending has taken root among young adults who feel financial “despair” and “hopelessness,” said Courtney Alev, a consumer financial advocate at Credit Karma.

They think, “What’s the point when it comes to saving for the future?” Alev said.

  • jjjalljs@ttrpg.network
    13·
    20 days ago
    • Climate disaster
    • Rise of Fascism (again)
    • AI poised to replace many jobs, especially entry-level
    • Education increasingly expensive
    • Healthcare increasingly expensive, and in some cases being made unavailable (eg: vaccines, abortion, gender related stuff)
    • At least one ongoing genocide

    Yeah, it’s a hellscape, and a lot of people refuse to do anything about it. Or they’re making it worse on purpose.

    The rich have fucked it all up.