Shopping-cart Envelope User Search

Young adults galvanised into saving and investing by their COVID-experience

  • DATE : October 1, 2021

Young adults galvanised into saving and investing by their COVID-experience

  • DATE : October 1, 2021
Watch the Interview
SHARE

Discussing the latest millennial banking trends, Alan Shields, Group CDO RFi Global  joins AusBiz TV and states that people across generations and around the world are rebuilding confidence about their finances. Delving into RFI Global’s latest Global Digital Banking Survey  which finds that young adults (those aged 18-34) are the most optimistic.

Alan says here at home, most Aussies (like about 9 in 10) are confident about maintaining or growing their income within the next six months. But hold your horses because it is the younger generation that holds the highest levels of optimism: Alan says almost half of 18 to 34-year-olds expect their income to increase before the end of the year, compared to 25% of those over 34. Alan says the needs of the digital banking consumer are changing faster than ever and the pandemic seems to have galvanised the young’uns in particular to save and invest more.

Current

RFI Global Logo - Robust Financial Intelligence
RFI Global helps the world’s leading financial service providers move nimbly and confidently from question to action with our data-honed intelligence, global market perspective and unparalleled regional insights.
Linkedin-in Youtube Twitter Enabling Data-Driven Decision Making For The World's Leading Financial Service Providers

CONTACT

Stay ahead of the trends. Get data & insights delivered to your inbox

© 2021 RFI Global

Linkedin-in Youtube Twitter Enabling Data-Driven Decision Making For The World's Leading Financial Service Providers

ONLY OF THE TYPE(S)


Advanced Search