In fact, Gen Zers — people born between 1997 and 2012 — are more worried about saving than any other generation, a BI survey showed.
Nearly half of Gen Zers and millennials have it, according to a recent Credit Karma survey.
Money dysmorphia goes beyond wanting to pay off some credit card debt or to contribute more to a 401(k).
It's "pervasive worry, vigilance — like an internalized feeling of unsafety with money," Clayman said, even when there aren't pressing financial problems to solve.
AdvertisementClayman explained why younger generations are more likely to experience warped views around their finances — and might be more financially stable than they give themselves credit for.
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