Your pandemic purchases, rated... there are worms
It’s that time again, the one where we dive deep into the shocking depths of Twitter to find you raving or repenting about your latest buys.
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To understand what Gen Z are prioritizing when it comes to gift giving, holiday splurges and treat-yourself-gifts, we surveyed 1,000 young people this month. And here's the results...
As we near the end of 2023, the highest spending period of the year is here. For young Americans still grappling with high living costs, from the price of gas to essentials like groceries and rent, Gen Z are being forced to make tough decisions over the holiday season.
To understand what Gen Z are prioritizing when it comes to gift giving, holiday splurges and treat-yourself-gifts, Cleo conducted a survey to 1,000 Gen Z Americans in November 2023.
Other new data published today by Cleo shows the top ten areas where Gen Z spend their disposable income during the festive season. This data is based on December 2022 average spend by Cleo users.
Coming in first is travel, including accommodation and airlines, indicating why the survey revealed this would be the first spend Gen Z would give up to save holiday debt.
Second are buy now pay later purchases, not surprising as more and more Gen Zers are turning to these methods to manage their festive spending habits.
Phone, internet and streaming bills to stay connected to friends and family, or have a cozy night in, are important. As is prioritizing a low-key holiday season to save those dollars.
*Cleo data is based on the average user spend in December 2022.
Need to know where your money is going? Download Cleo for free on the Apple Store or Google Play Store.
It’s that time again, the one where we dive deep into the shocking depths of Twitter to find you raving or repenting about your latest buys.
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