Young people are stressed all over the world, but don't blame the pandemic investinyou (In partnership with acorns.)
Millennials and Gen Z workers around the world have seen significant job impacts from the Covid-19 crisis."Certainly, people were impacted in their ability to work, but they demonstrated preparedness in terms of financial responsibility, budgeting, savings and investing, and not having a high degree of loans," Parmelee said.
Richardson said he has utilized this time at home to learn more about financial preparedness. "Definitely more conscious about saving. ... I've been reading books about financial independence. Having to sit at home all day and think about what to do with my time has helped me do that," the recent USC graduate said.
A couple wearing masks sit on a bench watching the sunset over the Manhattan skyline in Domino Park, Brooklyn amid the coronavirus pandemic on May 21, 2020 in New York City.Parmelee said the high level of anxiety among younger individuals can translate into greater awareness that they can't afford to take their eye off the ball.
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