Investment Advice and Side Hustles Top of Mind as Gen Z and Millennials Seek Greater Financial Security: BMO Survey
Passive Income for an Active Generation: Nearly half of Gen Z (46 per cent), as well as younger (46 per cent) and older Millennials (50 per cent), are interested in advice on investment strategies.
- Passive Income for an Active Generation: Nearly half of Gen Z (46 per cent), as well as younger (46 per cent) and older Millennials (50 per cent), are interested in advice on investment strategies.
- Only 23 per cent of Gen X (ages 45 to 54) and 15 per cent Boomers (ages 55 to 64) are looking for more information on side hustles.
- Financial Confidence with Advice: Over two thirds (68 per cent) of Gen Z believe a financial advisor is important to helping them reach their financial goals – more than any other generation.
- Gen Z are also the most likely to use their digital banking app when looking for advice or guidance on their financial situation (20 per cent).