Wave2’s Post

For the third installment of our Gen Z in Numbers series, let's talk about money. Faced with the economic downturn, rising cost of living, and enormous college fees, it’s no wonder Gen Z is not feeling too optimistic about their finances, with over 50% worrying about their financial security. This concern is rooted in a lack of knowledge – Gen Z is nearly 60% more likely to think they know next to nothing about personal finance compared to other generations. And while Gen Z is a generation born into the digital era, surprisingly many still value physical bank branches, finding peace of mind in the brick-and-mortar locations. Looking to engage with Gen Z as a business? Get in touch with us at partnerwithus@thenewsmovement.com #GenZ #personalfinance #studentdebt

Loved being able to talk about Gen Z and the Future of Money in Advisorpedia... This generation's money choices and where they look for financial advice might surprise you! To learn even more, join me on January 25 for a quick-hit webinar, "Money Conversations with Gen Z." https://lnkd.in/gJYBDdzM https://lnkd.in/gVaTWtgt #genz #futureofmoney #marketresearch

Check out our CEO & Founder Lilah Raynor's article in Advisorpedia, "Advisors, Trust and Gen Z Money Choices," where she shares some of the latest insights from our Logica Future of Money Study! Want to learn even more? Join our webinar this week! https://lnkd.in/gqSBqQhd https://lnkd.in/g56WQx88 #genz #financialadvisors #futureofmoney

Gen Z and Millennials have grown up in a chaotic world and financial uncertainty, but, being digital natives and enduring rapid change around them, they've come to expect the latest, greatest, and most efficient resources out there, and banking is no exception. 🏦 👇 For younger generations, having the ability to do something from a phone is key. In a study from Raddon, a Fiserv company, mobile banking was the highest-ranked factor in choosing a bank for those aged 18 to 33, whereas it didn't reach the top five for all generations overall. Financial institutions need to adapt and successfully market to young people to get their business, so how do they do it? 🤔 1. Focus on solving problems, not selling products. 💡 Younger people have a pile of student loan debt, rising inflation costs, and slim hope of owning a home due to high interest rates, so financial institutions need to communicate how they can help them plan for the future with things like CDs. 2. Communicate effectively. 🗣📲 Dread it, run from it, social media still arrives. If you're a financial institution not using social channels to your advantage, you're missing your audience. Gen Z especially spends a large chunk of time on social media and even 35% use platforms for financial tips. However, 56% also ask family for financial info, so reaching parents can shape the solutions they share. 3. Get to know your customer. 🤝 Not only do younger customers want the best technology, they want personalized and friendly service too. Using data analysis from customers can help deliver targeted marketing, one-on-one support, and identifying needs before they even think of them. To help navigate the uncertain world we live in, financial institutions need to lend not just money, but a helping hand too. #banking #genz #millennials #finance

Gen Z is terrified of falling into the same financial pitfalls as their predecessors. Massive college debt, ridiculous credit card bills, and an impossible retirement are all issues they see looming for those who came before. So, how can your financial institution help its Gen Z account holders make better decisions and feel better about their money? #creditunions #communitybanks #branchandATMlocators

By harnessing the power of focus and aligning it with your identity, you can pave the way for Wealth-Shift Growth. Focus on your financial goals with laser precision. Align your actions and decisions with your authentic identity and values. Watch as your focused efforts and aligned identity lead to financial abundance and fulfillment! Focus ➕ Identity 🟰 Wealth-Shift Growth Reply "1" for your FREE "Credit Card Hack" & 10k in 30 Days Guide #Wealth #shift  #growth #focus  #FinancialFreedom #PassiveIncome #BreakFree #legacybuilders #gwendavisyancey

🌟 Exciting LinkedIn Post 🌟 Are you ready to unlock the power of financial freedom through the concept of Infinite Banking? 💸💪 Let's dive in and explore how this revolutionary strategy can change the way you think about wealth creation and financial independence! 🔹 Imagine having the ability to create your own personal banking system, where you are the banker in control of your financial destiny. 🔹 With Infinite Banking, you can leverage a specially designed whole life insurance policy to grow your wealth, access tax-free cash, and secure your financial legacy. 🔹 By becoming your own banker, you have the flexibility to borrow against your policy's cash value to fund investments, large purchases, or even your retirement without relying on traditional lenders. 🔹 This innovative approach not only offers financial security but also ensures that your hard-earned money continues to work for you, building a lasting financial foundation for generations to come. 🔹 Don't settle for the limitations of conventional banking when you have the opportunity to take control of your financial future and create lasting wealth through the power of Infinite Banking. Join me on this exciting journey to financial empowerment, where the possibilities are truly infinite! 💼🚀 #InfiniteBanking #FinancialFreedom #WealthCreation #LegacyBuilding #Empowerment #PersonalFinance #FinancialIndependence

Imagine waking up to money flowing into your bank account, regardless of whether you're actively working or not. With passive income, you have the power to break free from the traditional 9-5 grind and design a lifestyle that revolves around your passions and priorities. 🌴🌞 Start exploring the world of passive income today and unlock the doors to financial independence. It's time to work smarter, not harder, and pave your way to a brighter and more fulfilling future. 💪✨ Send “Ready” to get started #PassiveIncome #FinancialFreedom #SmartInvesting #WealthCreation"

Hey everybody! Did you know more than half of the wealthiest people out there have at least three sources of cash flow? 💸💰 Listen up - if you're wanting to financially thrive, creating automatic and residual money is key. Fun fact, research indicates that over 60% of rich folks generate their profits through channels that don't require constant effort - investments, property rentals, etc. 📈🏡 If you're chasing after financial freedom too, then now's the time to explore channels for passive and residual income. There are endless opportunities for making money without exchanging your time for it - investing, renting, starting your own business online, and more. We're in this together, peeps, so let's work toward building a better and fatter bank account! 🚀 Share with us below what you're doing to crush your financial goals this year! 💪 Here’s my newest favorite - https://buff.ly/49fUoZW #NexusSnap #NexusRewards #PassiveIncome #ResidualIncome #FinancialFreedom #GetRichOrDieTrying #NobodysgottimeForBroke #LetsGetThisBread #ResidualIncome #PassiveIncomeOpportunity #WealthyHopeful #HealthyWealthyAndComical #PassiveIncomeForWinners