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Say goodbye to retirement? A 'soft saving' trend is emerging among young people

  • A "soft saving" trend is emerging among younger workers, prioritizing present spending over future saving.
  • Generation Z leads the soft saving wave, investing in causes aligned with personal views and seeking emotional connections with brands and professionals.
  • Personal saving rates in the US are decreasing due to the rebound from the pandemic, inflation, and changing financial priorities among younger workers.

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