Gen Z's Financial Habits and Challenges

Gen Z is the least financially confident generation, preferring savings accounts over stock investments. They face challenges in managing their budget and financial goals, with a focus on debt avoidance and cautious financial strategies.

Financial Distress in Major U.S. Cities

A recent analysis by WalletHub revealed that Americans in major U.S. cities are struggling with financial distress due to high unemployment and inflation. Cities like Chicago, Houston, and New York City are among the most affected, with residents facing challenges in making debt payments. The report offers advice on budgeting, debt management, and consolidation to help individuals in financial distress.