Poll: Gen Z's personal finances improving more than older generations, but disagrees with Trump's handling of inflation
New data on Gen Z indicates that young Americans are relatively rosy on the economy despite the issues facing their generation — but they are deeply divided when it comes to pressing societal issues, according to results from a new NBC News Stay Tuned Poll, powered by SurveyMonkey.
New data on Gen Z indicates that young Americans are relatively rosy on the economy despite the issues facing their generation — but they are deeply divided when it comes to pressing societal issues, according to results from a new NBC News Stay Tuned Poll, powered by SurveyMonkey.
Three in 10 American adults under 30 years old say their personal financial situation has gotten worse compared to a year ago, and a similar 27% say their personal finances are better today.
But while this second number may seem low, members of Gen Z were more likely than older generations to say their personal financial situation has gotten better over the last year — though they still disagree with how President Donald Trump is handling inflation.
In comparison, only 18% of adults over 65 years old said their finances have gotten better over the last year.
Notably, pluralities of Gen Z registered voters surveyed last year in two waves of the 2024 NBC News Stay Tuned Gen Z poll reported their personal financial situation was worse than the year before, perhaps signaling their discontent toward the Biden administration and struggles with inflation at the time. That generation makes up a growing portion of the U.S. electorate, and it split more closely in the 2024 election than young voters had in years, with a double-digit shift toward Trump among voters under 30 compared to 2020, according to the NBC News exit poll. Male voters under 30 split practically evenly in 2024, the exit poll showed.Beyond generational divides, the new poll also found different economic attitudes by gender specifically among Gen Z. Pluralities of men and women under 30 said their finances were about the same compared to a year ago, but a third of young men said their personal financial situation was better, compared to 20% of women who said the same.
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