Gen Z is suffering from ‘money dysmorphia’ — they may not be as poor as they think they are
NY Post
They may have rizz but they can’t handle their biz.
Gen Z is suffering from a financial insecurity trend phenomenon known called money dysmorphia, an expert claims.
Financial therapist Amanda Clayman defined the affliction as “a negative and unrealistic perception of one’s financial wellness or financial position.”
Moreso, it is “pervasive worry, vigilance — like an internalized feeling of unsafety with money,” she told Business Insider.
Young people, who coined the phrase “loud budgeting” to boast frugal practices publicly, may indeed be getting in over their heads. However, those who easily feel over-anxious “find that money is something that is very easy to worry about,” the pro said.
The theory is being floated as a whopping half of Zoomers say they’re relying on financial help from parents to save for marriage, start a family, or heaven forbid buy a house.
It was a flashback to NYC in the 1990s.
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