As the generation who has been raised with technological advancements, Gen Z is now using social media for financial education. GOBankingRates asked 1,000 Americans aged between 18-24 about their approach to personal finance. This survey found that 38.8% of Gen Zers use TikTok, YouTube, or other social media platforms to learn about personal finance. To be more specific, 34.3% learn from TikTok and YouTube, and 7.2% learn from other online techniques, like Reddit. On the flip side, only 22.7% responded they’re learning from other family members and 17.6% are learning from educational classes at college/high school.
To learn more about how Gen Zers are investing their money, what they’re spending money on, and what they want the most out of their professional life, please visit www.gobankingrates.com.
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Written By: Your Financially Fit Me Team