The Economic Times

Gen Z seem richer than they really are, claims Bengaluru man: They splurge Rs 500 on avocado toast but cant buy; studies say its not mindless spending

Gen Z are more likely to splurge big on treats such as avocado toasts and matcha tea than buy a home or a car. This is not just mindless buying, says experts. Such purchases often act as motivation, relief from stress and disappointments and also to cope with the fact that many Gen Z professionals are not likely to afford to buy a home or car.