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Every generation has its ways of handling money.
Heres how Gen X ismaking money moves that stand out from the rest.
High property prices and the flexibility of remote work make alternatives more appealing, Heerlein said.
Some prefer brokerage accounts or high-yield investments that provide access to cash for career shifts or early retirement.
Delaying Traditional Retirement for Financial and Lifestyle Flexibility
This is another shift, according to Heerlein.
Many Gen Xers are pursuingphased retirement or passion projectsinstead of fully stopping work at 65.
This has given a rise to a number of free trading platforms and money management tools, Gelbman said.
He noted theyre also using new types of lending platforms like SoFi, Klarna, Afterpay and Affirm.
They are looking forfaster lending optionsas opposed to traditional banking that can take substantial time and require more paperwork.
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