Does your age affect the way you spend money? You may be surprised

To see how your generation spends, keep reading our most recent survey of nearly 2,100 U.S. consumers.

– Young and (possibly) naive: Age is a driving factor for financial optimism in 2023. 66% of Gen Zers say they feel 2023 will be a better year for them financially than 2022, followed by millennials at 54%.

Meanwhile, 38% of baby boomers and 35% of Gen Xers aren’t feeling as confident about 2023.

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Regardless of age, household expenses are fueling stress. 29% of Americans say household expenses — including mortgage or rent and utilities — cause the most financial headaches.

Income is the second-leading cause of financial stress for Gen Zers and millennials in particular (both at 21%).

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