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Gen Zs are making plans. Survey results compiled by the Lincoln Financial Group reveal that 64 percent of Gen Z are researching and discussing their financial plans. The study finds that these enterprising young people started engaging in this reconnaissance at an average age of 13.
The analysis also notes that kids are currently managing money: 64 percent of respondents own savings accounts.
The Gen Zs surveyed indicate that their top priorities are (in this order): get a job, earn a college degree, and build a bank of savings for the future. The Goldman Sachs report adds, "Gen Z appears acutely focused on the financial consequences of their decisions."
Love those priorities, kids!