Does money make you happy? The answer may well be a question for Generation Z, 71% of whom consider wealth comes when you don’t have to worry about money.
In an online survey *And Yomoney, the leader in online savings, raises the question of what place money will take in the lives of the French in 2023.
Not everyone has the same definition or perception affluencefor the younger generation (71% Gen Z, 55% Millennials, 41% Gen X) the wealth that comes when one doesn’t have to worry about money, while translating into needing a “wool sock” for 39% of Baby Boomers who simply think “a good amount of money aside.”
Money, but what do you do with it?
to me Generation ZBeing rich means enjoying leisure or traveling a lot for more than 36% of respondents. Much more realistic, Gen X people believe that wealth rhymes with financial products, such as investments, ledgers, savings accounts, etc.
On the other hand, they are more attuned to the idea of savings. For 46% of French people, real estate investments are the number one source of savings considered “wealthy”. As a second option, 19% prefer to invest in the stock market Then iii Life insurance contracts at 12%. For the Baby Boomers, this will be more about material goods like cars or jewelry…
As for the question of how much the French would like to become rich, the old saying “Wisdom is better than wealth” is true. Commensurate with the More than 58% would not do anything just to get rich. Only 4% said they would do anything to get rich.
*The survey was conducted among 1,458 people representing French citizens aged 18 and over. The survey was conducted online from a panel of BuzzPress respondents (27,000 people in France). Between March 27 and 31, 2023, an electronic survey was sent via e-mail and posted online on the social networks Facebook and LinkedIn.