Generation Z is racking up more credit card debt than previous generations, while Generation X holds the highest average of credit card debt, according to recent data from Credit Karma. Between April and June 2023, Gen Z, people born between 1997 and 2012, had an average credit card balance of$ 3, 328, a 4.23% increase from January to March 2023, where their average balance was$ 3, 193, according to Credit Karma." I think that's the effect of COVID....
I think Gen Z was able to spend more on th
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2023-08-23 00:00:00.0