Pandemic pushes millennials, Gen Z to save more: insurer


Posted at Aug 24 2021 02:41 PM

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The disruptions caused by the COVID-19 pandemic have pushed millennials and Gen Zs to save more of their incomes and be more future-focused, Manulife said on Tuesday. 

The younger generations have also shifted their spending from wants to needs, as the pandemic reduced incomes, and even led to job losses, according to Manulife citing a recent survey.