Posted 12/13/2023, 11:30:00 AM
Gen Z Embraces Soft Saving to Prioritize Wellbeing Over Aggressive Retirement Savings
- Gen Z is embracing "soft saving" - saving less aggressively to focus on enjoying the present instead of preparing for retirement
- The COVID-19 pandemic has shifted Gen Z's priorities towards investing in their wellbeing instead of retirement
- Brittney Castro explains that soft saving is fine as long as you still save appropriately for your needs and increase over time
- Tay Ladd shares how she balances working hard with living soft by setting boundaries and spending on things she enjoys
- Castro recommends figuring out your key money goals for the year and putting something towards them while increasing over time