With a decrease in discretionary spending and a shift away from non-essential goods, there’s been a redefinition of luxury.

That kind of spending is what our current economic model is based on: Americans of all class levels buying things and always wanting to buy more, regardless of their actual means. But when a society-throttling, economy-decimating pandemic comes along, what happens when that ability — and, just importantly, that desire — goes away? In April, retail... See more

Deloitte’s ’25 survey shows why Gen Z & Millennials are hyper-gambling across asset classes:

- 52% live paycheck to paycheck

- 48% of Gen Z & 46% of Millennials feel financially insecure (up from 30% & 32% in ’24)

- ~40% fear they’ll never retire comfortably

- ~35% struggle to cover monthly expenses