A TD survey reveals that more than half of Gen Z (53%) respondents feel compelled to maintain a successful image on social media, despite struggling with rising costs and low income.
Nearly two in three (65%) believe they're falling behind their peers financially, leading to anxiety and conflict about their financial situation.
Gen Z is under constant pressure to appear financially secure as soon as they begin their careers, while many are struggling behind the scenes with stress, debt and uncertainty
— said Kristy Irwin, Product Group Owner, Youth & Student.
Author's summary: Gen Z Canadians struggle with financial insecurity.