Younger generations are taking a high level of interest in their financial future according to a TD Bank survey. It revealed that, when choosing a bank, some 20% of Gen Z (broadly, those born between 1995 and 2015) believe the offer of everyday financial advice, guidance and readiness classes to be the most important consideration.
According to a survey conducted by Bank of America, 57% of Gen Z are saving money every month, which the bank notes is a significant difference compared with previous generations, who found saving money more of a challenge for reasons including high levels of debt and financial instability.
