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.

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– 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%.

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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.

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

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.