Financial literacy and well-being in a five generation America
Are U.S adults at all ages equipped to meet common financial challenges?
With five years of the Gen Z cohort now over age 18, the U.S. adult population spans five generations. Gen Z was quota-sampled when fielding the 2021 P-Fin Index survey which enables comparisons with the other generations, as well as a closer examination within the Gen Z adult population. The P-Fin Index survey also includes indicators of financial wellness along several dimensions, and those too are examined across generations and within Gen Z.
The P-Fin Index survey is fielded online in January each year with a sample of U.S. adults, ages 18 and older. Responses are weighted to be nationally representative. With a sample size of 3,035 respondents and quota sampling for Gen Z, the 2021 survey allowed for comparisons across five generations of Americans.
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