Gen Z's Surging Economic Power-What's Their Future Banking Look Like?

Grandpa Bill continues today looking at our #Legacy, my Legacy-The #Gen. Z'ers. In recent episodes, I have revisited many hurdles for the next generation in life and business. Todays Interactive Poll Questions are: Is #Gen. Z Money Conscious? Grandpa Bill today asks for your help and assistance by answering our interactive poll at my BH Sales Anchor Radio Podcast Message Board Gen Z adults (born between 1997-2005) have grown up in a very different financial landscape than their predecessors. The past few decades have seen the rise of everything from social media and cryptocurrency and financial apps . Members of #Gen. Z stand out for being the first generation without a living memory of life before the Internet. How has having instant access to investing affected #Gen. Z’s approach to money? Gen Zers are socking away 14% of their income for retirement, a higher share than older adults. #Generation Z's economic power is the fastest-growing around the world, and investors, per many LARGE financial institutions advice, should start preparing for tectonic shifts in consumer preferences. Gen Z's earnings are set to hit $33 trillion by 2030 and account for more than a quarter of all global income. By 2031, the youngest generation will surpass millennials' spending power. Gen Z will have a harder time building wealth than millennials did through stocks and bonds. They can expect average annual returns of just 2% compared to 5% of past generations. Sustainable luxury, e-commerce, new media, and online-payment businesses are set to benefit from #Gen. Z's ascendance. #GenZ,#banking,#money,#currency,#marketing,#buying power,#influencers,#market trends,#business forecasting,#labor statistics,#gold,#silver,#precious metals,#wellness,#business,#business opportunity,#advocacy,#consumer advocacy,#coin clubs,#inflation,