RBI issues a ‘get out of debt (relatively) free’ card
A new circular from the Reserve Bank of India allows willful defaulters and fraudsters to make compromise settlements with banks. In a turnaround from its 2019 guidelines, which dealt harshly with willful defaulters and fraudsters, in June 2023, the Reserve Bank of India published a series of circulars which...
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Report says recession leaving Gen Z the worst off
A cost of living crisis, stagnant wages, and shrinking economies are leaving young people worst off, according to a new study. Many Gen Zers are unable to save or invest for the future. This may not come as much of a surprise, but it turns out Gen Z may...
Study shows Gen Z hide interests to seem cooler when dating
Research from Candy Crush Saga reveals that young people have concealed an interest from a date in fear of being judged. Dating can be hard, especially when you feel the need to hide your true self. Last year, half of Gen Zers admitted to hiding their true personality when...
Study shows Gen Z less likely to discuss money worries
Research from Monzo shows young people are most likely to hide money worries when socialising. The cost-of-living crisis has affected many households in the UK. People are cutting back on essentials and prioritising how to spend their cash. One group affected by this are Gen Z. A new survey from digital bank...
A beginnerβs side hustle guide for introverted entrepreneurs
If at the end of a normal working day, the prospect of yet more formal interaction doesnβt appeal, here are some ways you can generate extra funds while keeping to yourself. It takes all sorts to make a world, but everyone deserves a chance to make bank. Side hustle is a...
Gen Z are spending more time on TikTok than any other app
Data by Measure Protocol has found that Gen Z spends the most time on TikTok compared to any other app. However, only 83% of teens use TikTok compared to 87% on Instagram. Hereβs some news that is neither shocking nor surprising. Research by Measure Protocol has found that Gen Z...
Study says Gen Z have become loneliest generation
Despite assumptions that older generations are lonely, new research suggests young people struggle the most with feelings of isolation. Balancing between real and digital life has become increasingly tougher too, the study says. New research suggests that Generation Z are now the βloneliest generationβ. Itβs believed that the pandemic, lockdowns, an emphasis on digital life, and rising costs of living are having a detrimental effect on the mental wellbeing of young...
Survey finds one third of Gen Z avoiding retirement savings
Remember when retirement funds were a given? According to a new study, more Gen Zers are avoiding saving for old age and not thinking about their finances long-term. A new report from Bankrate says that 31% of Gen Z have not invested in their retirement savings over the last two years. This is a higher rate than older generations. 23% of Millennials arenβt saving, and an overall average of 24%...
How should musicians and bands reach Gen Z listeners?
Young artists looking to make a splash in the music industry have their work cut out for them. In a hyper competitive, video centric market, it can be difficult to gain traction with Gen Z audiences. Trying to create buzz or hype around a musical act in 2022 is a far harder feat than it was for the rockstars of yesteryear, and even then it was never easy to...
Everything you need to know about going freelance
More young people today are interested in going self-employed than ever before, but itβs not quite as simple as quitting your day job and lugging a laptop to Starbucks. Hereβs a rundown of the essentials you need to know. Say you havenβt had an existential crisis over the few years and weβll call you a liar. Left to our own devices throughout the majority of the pandemic, thereβs been little else...