How is coronavirus pandemic impacting Gen Z finances?
Jason Dorsey on Generation Z.
It’s no secret that the coronavirus pandemic has caused financial hardships for American families, but some have been burdened so much that they’ve been reduced to tears.
A new survey from LendingTree claims 42% of Americans – a little more than four in ten – have cried about their personal finances due to the ongoing pandemic.
The survey was commissioned from Qualtrics, an experience management company, and consulted 2,050 U.S. residents between Aug. 2 and Aug. 6.
3 IN 4 PARENTS DIPPED INTO PERSONAL FUNDS TO HELP THEIR ADULT CHILDREN DURING THE PANDEMIC
From the sample, 856 Americans admitted to crying about money during the pandemic. Reasons for the tear shedding varied between good and bad, according to LendingTree.