Generation Z's changing views on work and finance

The biggest challenge facing Generation Z is their changing perspective towards work and savings. They are struggling with declining job opportunities and rising prices for homes and cars, which has led them to believe that financial ambitions such as owning a house or building wealth have become unachievable. They experienced the 2008 financial crisis, which caused a loss of trust in the economic system, and the concept of "financial nihilism" emerged among them—diminishing hope for achieving financial stability. This has impacted their financial behavior and mindset. Although there has been some improvement in their circumstances, they still harbor fears and uncertainties about the economic future.

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