Highlights

  • Survey shows gen Z and millennials believe weddings and social events are a bummer in their saving goals
  • The survey was done by Prudential
  • Millennials are opening up their emergency funds

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Half of Gen Z and millennials believe weddings and social events are bummer in their money goals

In the survey, it was also found that a quarter of millennials are opening up their emergency funds at least once a month. Know more

Half of Gen Z and millennials believe weddings and social events are bummer in their money goals

Amidst the ongoing inflation, half of Gen Z and millennials believe that weddings and social events are coming in the way of their personal saving goals, as per a survey.

The survey was done by Prudential which found out that for 46% of millennials and 48% of Gen Z spending on weddings, baby showers or other social celebrations act as a barrier for their money goals.

The survey also stated that a quarter of millennials are opening up their emergency funds at least once a month and 23% said that they have done so to pay for a gift or attend family or friends' event.

Also Read: Why are Gen Z and millennials feeling older than their age?

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