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Why Gen Z Has It Harder — And What to Do About It
Beth Kobliner says young adults face Covid, AI and major economic change, and her updated guide urges automatic saving and 10% 401(k) contributions.
Author Beth Kobliner released an updated version of "Get a Financial Life: Personal Finance in Your Twenties and Thirties" to help young adults navigate obstacles like Covid and economic change.
Kobliner says young adults face harder times than previous generations, citing Covid and economic shifts compared to the Great Recession of 2008.
Embrace the power of compounding by contributing at least 10% of your paycheck to a retirement account, especially when employers offer matching contributions, Kobliner advises.
To overcome entry-level job market hurdles, Reach out to your network for 10-minute chats, as companies increasingly lean on technology for lower-level tasks.
Now the NerdWallet Book Club pick, this guide reflects Kobliner's 35 years promoting financial literacy, including her past work with Sesame Street and Elmo.