Charlie Munger Says It’s Harder for Gen Z and Millennials To Get Rich Nowadays — Is He Right?
Billionaire investor Charlie Munger recently stated that it’s tougher for young people to build wealth today compared to past generations. Find: 11 Things That Rich and Poor People Use Completely DifferentlyLearn: How To Get Cash Back on Your Everyday Purchases As Warren Buffett’s longtime business partner and vice chairman of Berkshire Hathaway, Munger has seen enormous success over his nearly 100-year career. But at the Zoomtopia conference this month, he warned today’s youth face fiercer competition and barriers to getting rich. Munger blamed several economic factors that make it harder to amass a fortune now versus decades ago. But do…
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Gen Z at Work
Facts About Gen Z
- Generation Z refers to the generation born between 1997-2012, following millennials.
- Gen Z makes up 20% of the US population (per Statista).
- By 2025, Gen Z will make up about 27% of the workforce (per Forbes).
- 60% of Gen Zers want a job that will impact the world (per Adrenalin Media).
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Gen Z at School
The Best Colleges With Tuition Under $20K
You, as a parent, want the best education possible for your child. Or, if you’re a student, you might be dreaming about an Ivy League college or one of the most prestigious private campuses offering a world-class education.Learn: 22 Side Gigs That Can Make You Richer Than a Full-Time JobMore: This Credit Score Mistake Could Be Costing Millions Of AmericansBut then there’s the sticker shock. Stanford University and the Massachusetts Institute of Technology both cost about $58,000 a year for tuition and fees – room and board not included. At Vanderbilt University, it’s $60,000-plus.A great college education doesn’t need to…
Read More5 Ways for College Students To Get Cheap Food
The image of the stereotypical broke college student is changing.According to Feeding America, the teenager fresh out of high school who still depends on mom and dad now represents less than one-third of America’s college population. Today’s college students tend to be older adults who are financially independent, enrolled part-time, working full-time and often supporting kids of their own.Explore: Your Biggest Money Etiquette Questions AnsweredCash App Borrow: How To Borrow Money on Cash AppMany of them are going back to school to improve their lot in life because they’re struggling financially — and struggling to afford food. According to the Hope Center,…
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