GoKawiil
Tech News
A LendingTree survey of over 1,500 credit cardholders found that 41% typically pay only the minimum due on at least one card, a habit that jumps to 58% among Gen Z but falls to 19% among Baby Boomers. The average indebted U.S. cardholder carries a balance of $7,756, and 44% of respondents said they don't know the interest rate on their cards.
A CNET survey of 2,605 US adults found that while 75% have no interest in a foldable iPhone, a notable 25% do — with younger generations like Gen Z and Millennials showing the most curiosity. However, those interested said they'd only pay around $781 on average, far below the expected $2,000+ starting price for Apple's rumored foldable device.
Young job seekers report widespread ghosting by recruiters, unprofessional interview conduct, and dismissive treatment during their job searches. These experiences are compounding an already difficult entry-level job market for Gen Z workers.
With homeownership feeling increasingly out of reach, many Gen Z adults are redirecting money toward retirement accounts instead of down payments. Pew Research found 89% of adults under 40 believe buying a home is harder for their generation than for their parents, while Fidelity data shows Gen Z retirement contributions rising 65% year-over-year, more than double millennials' growth rate. Young savers like 26-year-old Kana Cummings say they started investing early after pandemic-driven financial anxiety pushed them to build multiple savings buckets for the future.