Gen Z is traveling more, and debt isn’t slowing them down
Katie Kelton | (TNS) Bankrate
Kari Karanikos is 25 years old with six figures of debt. A social media director who lives in Pittsburgh, Karanikos is one of the many Gen Zers who love to travel, despite carrying hefty debt.
A recent Bankrate survey on chasing credit card rewards while in debt found that nearly 1 in 4 (24%) Gen Zers and 1 in 3 (32%) millennials carry a credit card balance. At the same time, nearly 3 in 5 Gen Zers (60%) and millennials (61%) plan to take a summer vacation this year.
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