From VICE · Ashley Fike · · 50s
Gen Z Skips Rent for Christmas Gifts
46% of Gen Z delayed rent to afford holiday spending, survey finds.
In brief
46% of Gen Z delayed rent to afford holiday spending, survey finds. A Talker Research survey shows 46% of Gen Z respondents skipped rent or mortgage payments to cover holiday expenses. Originally reported by VICE.
Gen Z Holiday Spending
A Talker Research survey of 2,000 Americans found 46% of Gen Z delayed or skipped rent or mortgage payments to afford holiday spending.
Holiday Debt Trends
Nearly half of Gen Z anticipate taking on debt for holidays, with a third using credit cards and 12% using buy now, pay later services.
Guilt and Spending
45% feel guilty admitting they can't afford holiday gifts, while 39% would rather take on debt than disappoint loved ones.
Financial Consequences
35% withdrew savings for holidays, and one in five skipped retirement contributions to cover Christmas expenses.
In short
A Talker Research survey shows 46% of Gen Z respondents skipped rent or mortgage payments to cover holiday expenses.
