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Gen-Z & Personal Finance: Baffling Choices Among the Woke & Broke | Vantage with Palki Sharma
Gen-z is making baffling choices when it comes to personal finance. The generation is spending more on high-quality products, even while grocery shopping. Groceries have become one of the top spending priorities for the young, according to reports. Meanwhile, the young are driving the sales of luxury goods globally. By 2030, they will account for 80% of global luxury purchases, according to reports. How is Gen-z doing this? By "doom spending", while being on shaky ground economically. Some of the is impulse shopping driven by social media. In fact, social media has become the primary source of financial advice for the young. What are the benefits of these spending patterns? What are the pitfalls? How safe is it to get your information from social media platforms like TikTok and Instagram? Palki Sharma tells you.
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Gen-Z | Personal Finance | Luxury Goods | Groceries | Firstpost | World News | Vantage | Palki Sharma
#genz #personalfinance #luxurygoods #groceries #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
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