Unlike previous generations who chose the grind — working extra hours and taking on more tasks in order to prove their standing to employers — Gen Z is taking a different approach.

Wages haven’t kept up with inflation, which means purchasing power is reduced. The surging cost-of-living, coupled with rising home prices and mortgage rates over the years, also means many young Americans can’t reach the same milestones their parents and grandparents did, like buying their first home.

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