The cost of living is a top concern among every generation between the Silent Generation – people born between 1928 and 1945 – and Gen Z – people born between 1997 and 2012.
A new survey by MoneySense revealed what Canadians are worried about when it comes to their finances. While the cost of living was top of mind for many, the numbers by age group showed different priorities based on what stage of life they are in.
For instance, 30.3 per cent of Gen Z respondents said housing costs and the cost of living were their top financial concerns.
“The housing cost at home is getting almost unrealistic for anyone around our ages to live happily and comfortably as well as being homeowners,” said Ben Gilchrist.
Gilchrist and Olivia Griffin, who are both Gen Z, are currently visiting Nova …