Try to Offer Advice or Support Instead of Criticism
While younger generations are often criticized for their lack of financial literacy, getting into debt can happen to any one at any age, and for a variety of reasons. The suggestion that younger generations are “terrible with money” is certainly not a new one. I’m sure many of us remember the ‘avocado toast’ commentary, levelled at millennials struggling to keep up with the rising cost of living. If your Gen Z-er is continually met with negativity and criticism, they will be less likely to confide in you, or reach out for help if they are struggling with their finances.
How to Stop Your Adult Kid from Drowning in Debt
Looking for Help and Resources to Get on Track Financially? We Can Help!
Needing help, direction, and resources around financial literacy is not limited to young people. Our accredited financial counsellors and amazing education team have the knowledge, resources, and experience to help you, so that you can also support your young person. You don’t need to struggle with your money and debt alone. Reach out to us, we’re happy to help.
5 Personal Finance Tips Most People Wish They’d Known When They Were Younger
Last Updated on March 13, 2026
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