Gen Z is struggling financially more than Millennials did at their age: Study

Young members of Gen Z are struggling more financially today than Millennials did at their age 10 years ago, according to a new study published last week by the credit reporting agency TransUnion.

The study includes a survey conducted in February of 614 Gen Z consumers, aged 22-24, and 623 Millennials, who were 22-24 years old 10 years ago. It includes an assessment of credit bureau data from December 2023 of Gen Z consumers who are 22-24-year-olds, and it includes data from December...