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"We Can't Afford Anything Else": Woman Explains Why Young People Are Buying Lavish Items

"We Can't Afford Anything Else": Woman Explains Why Young People Are Buying Lavish Items
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Gen Z Is Splurging on Luxury Goods to Soothe Their Economic Despair

For younger generations, financial goals like buying a house and saving for retirement can feel out of reach.

New yorkUnited statesPaulina cacheroCourtney alevStephen wuAdrian siegaMaria melchorUniversity of michiganHamilton college in clintonAnia hollandHamilton collegeBirkin gold togo

She's Discussing The Sad But Real Reason Why Younger People Are Able To Afford Nicer Things Despite Having Little Money – Chip Chick

It s safe to say that life for people in their 20s has looked a lot more different over the last few years than it did for those from older generations. Many older people, especially those who

United statesMaria melchor

Woman Reveals Why Young People Can Still Afford Nice Things Despite Not Making Enough Money

In a TikTok video, Maria Melchor explained why young people can still afford "nice things" even if they don't have enough money to buy a house, and it shouldn't be something they feel guilty about.

United statesMaria melchorJohn gerzemaDepartment of laborAmerican dreamGen zersUnited states todayHarris pollEntertainment and newsSpending habits

Gen Z are so annoyed that they can't get on the housing market that they're 'doom spending' on nice things that make them feel like grown-ups

For Gen Z and young Millennials, splurging feels better than stressing about the fact that they will probably be renting into retirement.

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