Gen Z’s cash cushion shrinks after US summer of splurge

By Marien Lopez-Medina and Alex Tanzi
Published 3 Min Read

Stressed woman
Adobe Stock

The share of American young adults who said they could cover a $400 emergency expense with cash or equivalent dropped for the third quarter in a row, according to a survey out Thursday.

Overall, a smaller percentage of Americans said they would be able to pay an unexpected bill, but Gen Z adults in particular are showing higher financial stress as they face the return of student loan payments and higher prices. 

Marien Lopez-Medina and Alex Tanzi

For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form