A new survey by TD Ameritrade found that young Americans think paying for their own streaming services is one of the first signs of becoming an adult – and they typically do it at the age of 19.
“Adulting” is getting more difficult. Nearly half of young Americans (48%) say they have experienced a quarter-life crisis as they fail to meet financial goals expected of them, according to a new survey says.
The survey polled more than 3,000 U.S. adults and teens ages 15 and older, (a third Gen Z, a third young Millennials, aged 22-28, and a third parents, ages 30-60) and found that young adults are caught in between expectations and what’s financially possible for them. The financial goals that were possible for their parents or for generations before them aren’t always possible now.