1/3 of Americans, mostly Millennials and Gen Z, consider going into debt for summer travel.

1/3 of Americans planning summer travel, mainly Millennials and Gen Z, are willing to go into debt to fund their trips. 47% and 42% of these age groups are open to borrowing money, using credit cards, or services like Affirm and Klarna. This debt-taking behavior is attributed to generational attitudes towards economy and global conflicts, as young people prioritize experiences over financial stability.

August 18, 2024
3 Articles