MJAAR

Research Framework: Navigating the Paradox: Understanding Gen Z's Financial Behaviors and Pathways to Purposeful Living

Dr. Arinaitwe Julius1, Asiimwe Isaac Kazaara2


Abstract

Generation Z (born 1997-2012) represents the first fully digital-native generation, characterized by unprecedented technological connectivity and shaped by economic uncertainty including the 2008 financial crisis and COVID-19 pandemic. Despite facing significant financial constraints such as student debt, housing unaffordability, and inflation, this cohort exhibits paradoxical behaviors: demonstrating pragmatic money management skills and high financial anxiety while simultaneously prioritizing experiential spending, sustainable products, and purpose-driven consumption over traditional wealth accumulation.

Keywords

Generation Z financial literacy purpose-driven consumption financial anxiety life satisfaction.
Metropolitan Journal of Academic and Applied Research

Cite This Article

Dr. Arinaitwe Julius1 & Asiimwe Isaac Kazaara2 (2025). Research Framework: Navigating the Paradox: Understanding Gen Z's Financial Behaviors and Pathways to Purposeful Living. Metropolitan Journal of Academic and Applied Research, 4(10). https://journals.miu.ac.ug/pages/article.php?article_id=26