Gen Z’s growing credit card debt problem, and how to fix it

Many young adults deal with cash-flow issues as they learn to navigate their finances. But the youngest cohort of American adults is carrying more credit card debt than previous generations.

Anyone who has lived through several iterations of the “kids these days!” generational wars probably recognizes the rhetoric elders are lobbing at Gen Z for youthful spending choices. The cold brew addiction! The RealReal splurges on Louis Vuitton! The flirtations with crypto! But what separates Gen Z, the cohort born between 1995 and 2011, from millennials and Gen X is an increasingly serious credit card problem. More of them are maxing out their credit limits and burying themselves in debt.