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The majority of Americans think they're better off financially than their parents were—especially Gen Z - TL;DR CNBC

The majority of Americans think they're better off financially than their parents were—especially Gen Z

Publishing timestamp: 2023-10-17 10:17:02


Summary

The article discusses a recent LendingTree study that found just over half of adults believe they are in a better financial position than their parents were at their age. The study also found that the more money individuals make, the more likely they are to feel better off than their parents. However, this confidence does not necessarily grow with age, as Gen Zers are the most likely to believe they are doing better financially than their parents. The article also highlights the economic challenges faced by different generations, such as the financial struggles of Millennials and Gen Xers. Additionally, it mentions that adults with children are more likely to feel better off than their parents compared to those without children.


Sentiment: NEUTRAL

Tickers: TREE

Keywords: personnelsocial issuespersonal financeeducationlendingtree inc

Source: https://www.cnbc.com/2023/10/17/most-americans-think-theyre-better-off-financially-than-their-parents.html


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