It's not a secret that the financial landscape is always evolving and often confusing. This is particularly true for Gen-Z born between the mid-1990s and early 2010s. Unlike previous generations, Gen Z has grown up witnessing economic recessions, explosive growth in student loan debt, and a rapidly changing job market. If these experiences have shaped your view on money, you're not alone. Many of your peers have had their perspective on financial health challenged and ultimately shaped by outside influences and evolving circumstances, too. As a result, it's not uncommon for earners in this age group to be fiscally conscious and wary of traditional financial paths. 

You can take control of your financial freedom at any age, though - remember, it’s never too soon to get started.

Millennials and Gen-Z’ers are facing a financial landscape that is very different from the one their parents and grandparents grew up in. At times it may seem bleak: the cost of living is rising, wages are stagnant, and student loan debt is at an all-time high. But even with these challenges, young people still have plenty of ways to overcome the obstacles they face and they can learn to build wealth at a young age.

Helping our clients build wealth is one of the things that brings us the most satisfaction at Myrick CPA. Here are some observations that may be helpful if you're working at building wealth but don't come from money yourself.