Why Living ‘Happily Ever After’ Hits Different for Gen Z

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 29 May 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

For many in Gen Z, the path to accumulating wealth and achieving financial security differs significantly from previous generations. Wall Street Journal markets reporter Gunjan Banerji spoke with Vivian Tu, CEO of Your Rich BFF, at this month’s Future of Everything festival. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	So how do we get AI right?
0:02.0	Well, we need the right volume of data, the software to train it, and massive compute power, or...
0:10.0	Another one buys the dust.
0:12.0	Are you ready?
0:13.0	Are you ready for this?
0:14.0	Are you hanging on the edge of your seat?
0:16.0	But with HE Green Lake, we get access to supercomputing to power AI at the scale we need,
0:21.0	helping generate better insights.
0:22.6	All right.
0:25.4	Nice teamwork guys.
0:26.9	Search HPE Green Lake.
0:29.6	Here's your money briefing for Wednesday, May 29th. I'm J.R. Whelan for the Wall Street Journal.
0:40.0	Gen Z wants to live happily ever after just like any other generation.
0:44.0	But what financial security looks like to them is very different from what it meant to their parents and grandparents.
0:51.0	They're not sure if they're ever going to be able to achieve that.
0:55.0	Young people's financial goals and motivations have drastically changed through a multitude of factors,
1:02.0	but ultimately it is impacting how they're choosing
1:05.8	to spend, save, and invest their money because their time horizons look a little
1:10.0	different and their objectives overall are very different.
1:14.0	That's Vivian 2, CEO of your rich BFF.
1:17.8	She spoke at the W.S.J's recent Future of Everything Festival
1:21.5	about how Gen Z is redefining what it means to build wealth and live
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.