Posted on 06/23/2022 12:30:23 PM PDT by nickcarraway
CNBC financial analyst Jim Cramer thinks Gen Z millennials are spending too much on discretionary items and not putting enough aside for investments despite economic challenges that has many young adults living paycheck to paycheck.
“They seem like they have a lot of money, even when they don’t have a lot of money,” Cramer said of those between the ages of 18 and 24.
Cramer said that youngsters who frequent the restaurant that he owns in New York City often order $14 margaritas “as if [money] grew on a tree.”
(Excerpt) Read more at nypost.com ...
Financial prudence from that jerk? That is like expecting reason from the likes of Olberman or Behar. Pahleeze.
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