Gen Z’s spending power to hit $74 Trillion by 2040, but save a lot less

New data from Bank of America’s BofA Global Research unit about Generation Z reveals that it has the potential for robust spending power, but they are not savers of money. In its research report, titled “Gen Z: A New Economic […]

Mar 19, 2025 - 10:57
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Gen Z’s spending power to hit $74 Trillion by 2040, but save a lot less
New data from Bank of America’s BofA Global Research unit about Generation Z reveals that it has the potential for robust spending power, but they are not savers of money. In its research report, titled “Gen Z: A New Economic […]