Is Gen Z Financially Doomed? Let’s Talk About It

Smart Money Happy Hour with Rachel Cruze and George Kamel

Ramsey Network

Business

4.9 • 2.8K Ratings

🗓️ 17 July 2025

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

📈 Are you on track with the Baby Steps? Get a free personalized plan. Is it harder for Gen Z to get ahead with money compared to other generations? In this episode, Rachel and George break down what’s working for and against them—plus answer Gen Z’s biggest questions about how to win financially. Next Steps: 🎥 Watch our video Dave Ramsey Answers Your Most-Asked Questions. 🍸 Follow Smart Money Happy Hour on TikTok: @smartmoneyhappyhour 📱 Submit a Guilty As Charged question for Rachel and George! Send a DM to @rachelcruze or @georgekamel on Instagram! Be sure to type “GUILTY?” at the top of your message so we don’t miss it. 💵 The simplest way to budget. Download the EveryDollar app for free! Connect With Our Sponsors: Get 20% off when you join DeleteMe. Get up to 40% off with code SMARTMONEY at Cozy Earth. Today’s Happy Hour Special: 🍹 Strawberry Mint Mojito Mocktail Recipe: Soda Sense 3 strawberries 16 mint leaves 0.75 ounce lime juice 2 ounces sparkling water Instructions: Grab a rocks glass and fill it with strawberries and mint. Begin lightly muddling your two ingredients together until fully incorporated. Next, add lime juice, fill the glass with ice, and top your drink off with sparkling water. To incorporate the ingredients more, lightly mix in an upward direction. Garnish with lime wheels and strawberries. Explore More From Ramsey Network: 💡 The Rachel Cruze Show 💰 George Kamel 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today we're taking Gen Z under our millennial wings.
0:08.4	It is going to be so adorable and so financially practical.
0:12.3	Some of those negative things for Gen Z, housing markets, student loan debts, all that.
0:16.8	There are some perks they have, though.
0:18.6	My first thought is like, I'm sorry for how insecure you are.
0:22.6	That's my true first thought.
0:24.7	My second thought is, ew.
0:30.9	Hey guys, I'm Rachel Cruz.
0:32.8	I'm George Camel.
0:34.7	And this is Smart Money Happy Hour.
0:42.9	Well, this is the show where two friends who have to be money experts talk about,
0:46.3	which are talking about, everything from pop culture, current events, and money.
0:49.9	And before we get to the hot goss among the youth, I think that's what they say still.
0:55.2	Hot goss?
0:56.4	Yeah. Goss up? Yeah, I think after Ryan Gosling, I think it's a gossling reference. Oh, funny. I don't think it is. Gossip, that's the term. Gossip, yeah. Let's talk about what we're sipping on. It is a strawberry mojito mocktail. I'm going to just let the cat out of the bag
0:52.6	pretty good so far.
0:54.7	So stick around till the end.
0:56.5	We'll give you. Mojito Mocktail. I'm going to just let the cat out of the bag.
1:11.0	Pretty good. Yeah, this is a good one. So stick around until the end. We'll give you our rating and reveal the cost per glass. Yep. Okay. Well, Gen Z gets a lot of heat, and rightfully so. You think? They ate Tidepods at one point, so I'm going to like, we got to, can't let them off the hook for that one.
1:28.3	But one thing I love about them is that they are real. Do you at least agree with that? Yeah, for sure. I mean, they can be aggressive about it too, right? I mean, they're not scared. They're not scared. They're scared of anyone. They grew up getting bullied on the internet. So they're very tough. They're the first generation to experience social media at 12.
1:27.5	God bless you all.
1:28.5	The fact that you're very tough. They're the first generation to experience social media at 12. God bless you all. The fact that you're still here, that's a miracle. Yes. Could you imagine if we had that? We couldn't handle that. If our boomer parents had the internet and it got all of that mean stuff on social media when they were little, they wouldn't survive all that? They're strong.
	...

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