Summary of Gen-Z Will Be The Poorest Generation! HERE’S WHY! | Kushal Lodha
The video discusses why Gen-Z might be the poorest generation due to increasing expenses such as credit card dues, education and health inflation, rental and property inflation, and stagnant income growth. The speaker highlights the challenge of finding employment after investing in higher education and the impact of rising costs on basic necessities like housing and healthcare. The video emphasizes the importance of financial habits, budgeting, avoiding unnecessary expenses, saving, and investing for long-term wealth. It also warns against status-driven spending and encourages starting a SIP for financial growth.
### Methodology
- Analyze and maintain income and expense sheets.
- Budget and avoid unnecessary high-cost items.
- Focus on generating wealth long-term.
- Implement good financial habits.
- Save and invest wisely.
- Start a SIP for long-term wealth accumulation.
### Speakers
- Kushal Lodha
Notable Quotes
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06:59
— « Show that among the Indian youth credit card dues have grown by 30 years on year that is double the pace of growth of bank loans.
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07:37
— « In Buy Now Pay Later, Buy Now Pay Later seems to me to be the biggest scam.
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07:58
— « First of all, you improve the finance habits which are there in your life. »