Debt & Savings
Gen Z’s ‘Financial Nihilism’ Finds Outlet in Prediction Bets, Crypto
Being financially “behind” is fueling moves into higher-risk and speculative assets as a way to catch up, according to a survey.
The Polysights analytics platform website Sports page for Polymarket traders arranged on a smartphone in New York.
Photographer: Gabby Jones/BloombergYounger savers are playing a dangerous game.
Many young adults who feel behind financially are looking to high-risk, speculative areas such as prediction markets, sports betting and crypto to reach financial goals faster, according to an annual Northwestern Mutual Planning & Progress study released Monday.