The Agenda: Gen Z is saving earlier but are they planning smarter?

Forget the impulse buys and YOLO spending, Singapore’s Gen Zs may be more financially savvy than we give them credit for. A Visa survey found that 34% of Singaporean Gen Zs save whenever they can, while close to 40% are already putting money aside for major milestones like marriage and buying a home. So, what’s behind this growing focus on financial planning at a younger age? Are Gen Zs simply becoming more financially responsible  or is the rising cost of living forcing them to think about adulthood earlier? On The Agenda, Hongbin Jeong speaks with Beverly Poon, Associate Director, finexis advisory, to find out more. See omnystudio.com/listener for privacy information.