Emergency Expenses: A Generational Divide

New survey reveals widespread financial stress due to unexpected emergency expenses, particularly among parents, lower-income individuals, and younger generations. Installment payment plans emerge as a popular coping mechanism, especially among younger demographics, while older generations prefer traditional payment methods. The findings highlight a generational divide in managing unexpected financial shocks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.