Category: gen z

Millennials could become the richest generation ever — but only if they already come from money

A stock image of a young woman on the patio of a nice home. Thomas M. Barwick/Getty Images Millennials are projected to inherit $90 trillion over the next two decades, according to a new wealth report. This wealth transfer is set to make them the richest generation ever. But, Gen Zs are in a position to have more ways to create their own wealth, the…

Meet the typical Midwest mover, a Gen Zer from California who’s paying under $1,500 a month in rent

Kyle Kuhlman / 500px / Getty Images Some Americans are moving to the Midwest, lured in by lower costs and affordable housing. Many of these new residents are single Gen Zers, millennials, and students. New residents tend to earn more than the Midwest’s median income and could reshape social norms. Over the last few years, Americans have been reshuffling themselves across the country. For some,…

Gen Z is living with their parents to save money. But it’s going to cost them, big time.

Like millennials, Gen Z is living with their parents well into their 20s. But in the long run, it may not be a good idea. iStock; Rebecca Zisser/BI After graduating from college in 2021, Bethany Clark moved back in with her parents. She planned to spend a year studying full time to be a teacher, so it made sense to live at home in Surrey,…

Meet the typical mover to Austin: Single millennial renters making $76,000 a year coming from California

A crowd gathers outside of Austin’s capitol building. Suzanne Cordeiro/Getty images Between 2021 and 2022, 71,801 people from different states moved to Austin, according to Census data.  Many movers to Austin are white and millennial, and have higher incomes than locals. People who moved to Austin said they were drawn to the city’s  jobs and relatively lower cost of living.  Jasmine Cambridge, a 25-year-old steakhouse…

Meet a boomer who unretired to help her Gen Z kids get through college and find stability: ‘They’re terrified’

Jane (not pictured) had to go back to work to support herself and her kids. FG Trade/Getty Images Jane, a 63-year-old Texan, has returned to work after retiring. Her decision was driven by rising living costs and her children’s economic struggles. The trend of older parents supporting their adult children financially is increasingly common. Jane, a 63-year-old single parent in Texas, retired about a year…

For Gen Z, a job is just a job: ‘I’ve come to terms with what adulthood is actually like’

Gen Z workers just want two things out of a job: a good salary and a quick promotion. Abanti Chowdhury/ BI At 25, Kimi Kaneshina isn’t where she thought she would be in her career. After a year working as a product manager in Southern California, she was laid off in June. The job was great, but the experience of getting axed shifted her priorities….

What I got wrong about loyalty at work

Kiersten Essenpreis for BI In January, I published a story on how loyalty died in the American workplace. The response to the story was huge: I received more emails and LinkedIn messages about it than I had for any other piece I’ve written in my 14 years as a journalist. And what struck me most were the readers who wanted to tell me that I…

Dolly Parton tells Gen Z workers: find your dream 9-to-5 — and work hard

Country legend Dolly Parton also co-owns two companies. Rick Kern / FilmMagic Dolly Parton tells Business Insider her best career advice is to find “who you are, and do it on purpose.” While Parton is best known for a music career, she also co-owns two companies. Parton advises Gen Z workers not to be afraid of changing career paths. Dolly Parton says the best way…

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