Question of the Day: What was #1 response from Gen Zers when invited to an activity they could not afford?
- What do you do in those situations when invited to an event you can’t afford?
- Does your answer vary based on the situation? What would be the factors that play into your decision?
- How do you think your parents would answer this question differently?
Behind the numbers (NerdWallet):
Most of us have had to turn down activities we’d have liked to participate in for financial reasons, and Gen Z is no exception. More than 4 in 5 Gen Zers (83%) have been asked to do an activity they couldn’t afford. Among them, just over half (51%) told the person inviting them they couldn’t afford it and about a quarter (23%) made up a nonfinancial excuse not to go, but some decided to go anyway using savings (26%) or a credit card (17%).
Did you miss NGPF's Best of 2020 lists posted in December?
- Best of 2020: Arcade Games
- Best of 2020: FinCap Friday
- Best of 2020: Most visited Unit Pages
- Best of 2020: Questions of the Day
- Best of 2020: Most popular NEW! NGPF webpages
- Best of 2020: NGPF Podcasts
- Best of 2020: Top 10 Countries Using NGPF Website (outside the U.S.)
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
To get access to NGPF answer keys, assessments, and teacher-only resources: create a FREE Teacher Account