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
