"Maximizing Wealth in 2024: Gen Z and Millennials' Guide to Saving, Debt Reduction, and Smart Financial Resolutions"

1 min read
Source: CNBC
"Maximizing Wealth in 2024: Gen Z and Millennials' Guide to Saving, Debt Reduction, and Smart Financial Resolutions"
Photo: CNBC
TL;DR Summary

A survey by American Express reveals that millennials and Gen Zers prioritize financial goals for 2024, with 57% focusing on personal finance, followed by wellness and mental health. The top three financial resolutions are growing savings, paying off debt, and sticking to a budget. Experts recommend automating savings with high-yield accounts, using balance transfer credit cards for debt, and regularly checking a manageable budget to achieve these goals.

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