Cautious Gen Zs are cutting down on spending in pubs and clubs, splashing their cash instead - for insurance

Thursday, April 7, 2022

Research has shows that the nation's spending is key over the next 12 months.

As it shows, nightlife spending isn't top of the list Prudent Gen Zs curb spending in pubs and clubs.

Instead they're putting their cash into insurance.

So what are the Gen Z's first money priorities for the next 12 months?

Just over one in three (35 percent) of 18 to 24-year-olds are planning to spend more on insurance, while only 11 percent of 45 to 54-year-olds do.

Although Gen Z spent more than every other age group on impulse purchases at £28.80 per week, just £11.90 was spent on impulse purchases amongst the 55 to 64 age group.