While one in three of all Americans habitually lives paycheck to paycheck, new research revealed women and Generation Z, or adults ages 18 to 28, currently experience the most financial stress.
Stagnant wages, increasing student loan debt, and the gender wage gap all contribute to financial generational divides, a Credit One Bank survey of 1,000 American adults released Tuesday found.
The new research also revealed that less than 10% of Americans learned about personal finance in school, but younger generations are more likely to discuss money with their parents than members of Generation X – people between 45 and 60 – and Baby Boomers aged 61 to 79. Still, Credit One Bank concluded that more than 50% of Generation Z enter adulthood without a formal education in financial literacy.
“This survey reveals a clear link between rising anxieties about personal finance and the lack of basic financial education across generations,” Credit One Bank’s Chief Credit Officer Steve Min said in a statement. “This data helps us better understand the general consumer audience and how we can better support the need for expanded financial education.”

More:From Gen Z to Boomers: How much money each generation thinks they need for success
Capitalize on high interest rates: Best current CD rates
When did each generation become responsible for its personal finances?
The survey found the same amount of Baby Boomers and Generation Z – 89% – began managing their own bills before age 24. However, a…