Digging Out Of Holiday Debt

Could Gen Z be on the precipice of mirroring Millennials’ financial woes during the Great Recession?

Now that the post-holiday bills have started creeping in, many people are quaking in their boots at the thought of hefty bills eating away at their bank account.

The pandemic has been a harsh reminder of how fleeting financial security can be, especially for younger generations.

In this coming-of-age story, we’ll look at how the pandemic has shaken things up for both Millennials and Gen Z.

Although new research shows that credit card debt did not hit the record highs experts in the U.S. originally predicted, this still didn’t stop most consumers from turning to credit cards.


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