New Bankwest data shows Gen Zs still splurging in June but one expert says they are just cash savvy

by Pelican Press
23 views 1 minutes read

New Bankwest data shows Gen Zs still splurging in June but one expert says they are just cash savvy

Young West Australians have bucked cost-of-living pressures as they splashed the cash in June, but one expert has cautioned not to immediately label Gen Zs as more “relaxed” about their financial situation than other generations.

The latest credit and debit card data from Bankwest reveals the total number of Gen Zs transacting was up 2.5 per cent over the year to June, significantly outpacing Millennials (down 8 per cent), Gen X (down 7.4 per cent) and baby boomers (down 7.2 per cent).

Premium

Subscribers with digital access can view this article.

Already a subscriber?

Login here.


Source link

#Bankwest #data #shows #Gen #splurging #June #expert #cash #savvy

You may also like