Generation Z has been disproportionately pummeled by rising prices, higher housing costs, larger student loan balances and more overall debt than the millennials before them.
* Gen Z is spending more than millennials on housing and insurance.
* Gen Z has more debt than millennials did, even after accounting for inflation and higher incomes.
* Roughly 1 in 7 Gen Zers are maxed out on their credit cards, more than any other generation.
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