Every once in a while someone alludes to a specific generation being defined by a specific technology that the cohort grew up with. Why generally does it have issues, and when might it be a good idea?

 

Here's the article that started it, with the Papaya Pay discussion with CEO Patrick Kanns at the start.

https://www.builtinla.com/2019/10/31/la-fintech-trends

A few results from the search for “Why is Gen Z averse to credit card debt” 

https://www.experian.com/blogs/ask-experian/research/millennials-and-credit-card-debt-study/

Although it says that Gen X, Millennials, AND gen Z had increases in credit card debt.

This one happens to use a similar definition for Gen Z as we’ve described here but also says they don’t have a real problem with credit cards

https://www.usatoday.com/story/money/2019/08/18/credit-cards-report-gen-z-taking-more-debt/2008655001/

As does this one…

https://www.paymentssource.com/list/mobile-first-gen-z-doesnt-fear-credit-cards-debt

and this

https://www.americanbanker.com/articles/gen-z-is-racking-up-card-debt-after-era-of-tightwad-millennials

Some episodes I mention within this one (can also be found on Apple Podcasts, of course):

http://traffic.libsyn.com/latest/Ep._23_There_is_No_Gen_Z_-_The_Latest_Generation.mp3

http://traffic.libsyn.com/latest/Ep._36_-_The_Movie_Prediction_-_The_Latest_Generation_.mp3

http://traffic.libsyn.com/latest/Ep._46_-_Star_Wars_-_The_Latest_Generation.mp3

You can find me on Twitter: @generationalize or (occasionally) blogging at http://crisis.generationalize.com and http://stories.generationalize.com