Gen Z turns to ‘MONEYMAXXING’ while credit card debt SOARS



Personal finance expert Rachel Cruze discusses the ‘moneymaxxing’ trend on TikTok as Americans look to cut costs. Cruze reacts to surging credit card debt and shares key strategies to save money and pay down balances.

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25 Comments

  1. They say food only up four percent 🤣😂🤣😂 last year I went to the store to buy the same things as this year it was 250 a week now I am at 327? Same exact cart! That is not four percent and we save receipts so dont lie.

  2. I am gen X, but I do not disagree with them, as it is better to just accumulate as much cash and investments as possible. Even debt can be leveraged as investment option and worse case they can tell the lenders to stuff it. Toss the money into crypto and make 3 to 5% as just a standard staking option and then make sure to tell the banks to shove their savings accounts where the sun does not shine. This can include credit scores, I mean seriously, how would it be any different then what the government is doing?

  3. Drive an old car, dont spend tons of money on food, dont keep up with the joneses.. Its not that hard. Nobody can find a good paying job either

  4. What if my income and debt is like neutral I just need one grand slam not gaining massive swings of debt or anything i feel like neutrality or miminalism should be the next huge topic…😂the person is smart people are dumb as a collective…js

  5. How about we get to keep more of what we make instead of getting it taken away … there is an idea. Cut a life style of eating Ramen everyday…lol. get another job? Lol…

  6. Lmfao Gen Z and Gen Alpha are so pathetic and they should have been doing this since the beginning. Glad they are doing what is Gen xers have always been doing. Still won’t change the fact that when z is the most pathetic generation ever

  7. Inflation is still high, people are losing jobs, negative jobs report and how do you expect people to survive in this horrible economy?? That's the reason for high credit card debt. People still need to pay bills, buy groceries, pay for insurance.. Etc. Faux news always try to put their spin to cover this disastrous administration.

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