Why Gen Z Is Drowning in Debt | How Social Media & Technology Are Making It Worse

Is Gen Z becoming the most indebted generation? In this video, I explain how social media, influencer culture, online shopping, Buy Now Pay Later (BNPL), easy credit cards, and constant digital advertising are encouraging many young people to spend beyond their means. We also discuss how technology has changed spending habits, why lifestyle comparisons create financial pressure, and how debt can affect mental health, savings, and long-term financial stability. Most importantly, I share practical ways to avoid falling into the debt trap and build healthier financial habits. If you're a student, young professional, parent, or simply interested in personal finance, this video will help you understand the growing financial challenges facing Gen Z. 👍 If you found this video helpful, please Like, Share, and Subscribe for more videos on personal finance, current affairs, and practical life advice. #GenZ #Debt #PersonalFinance #MoneyManagement #FinancialLiteracy #SocialMedia #CreditCard #BNPL #SavingMoney #FinancialFreedom #Investing #Budgeting