facebookAre there any key differences in personal finance attitudes you see between Gen Y and Gen Z? - Seedly

Mr. Raverse

23 Sep 2020

SeedlyAMA

Are there any key differences in personal finance attitudes you see between Gen Y and Gen Z?

AMA The Woke Salaryman

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He Ruiming

23 Sep 2020

Co-Founder at The Woke Salaryman

It’s hard to say! I get the feeling that Gen Z seems alot more motivated than Gen Y. Perhaps growing up during the Great Financial Crisis helps people realise that managing your money is important.

I do think many Gen Yers still live like it’s 2011, when LeVeLs was still playing in clubs and Butter Factory was still alive.

My own theory is that Gen Y is still grappling with the loss of a more ‘conventional way’ of careers and retirement that no longer exists – stable jobs, guaranteed work till 60, etc etc.

It’s painful and it’s hard so we’re taking a little longer to accept that.

Gen Z has the benefit of entering the workforce alreay fully awakened to the new realities of life.

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