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They may be delaying milestones and making lifestyle changes to deal with financial struggles.

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Further, ananalysis from Bank of Americafound that Gen Zers and millennials are trading down to combat rising costs.

The moves come despite a strong labor market the past few years.

One approach to keep pace with financial milestones may be settingmore firm financial boundaries.

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It looks like Gen Zers are getting that message.

The research found that loud budgeting has helped younger Americans live within their means.

This can include putting more money in emergency savings and checking your debt-to-income ratio.

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The third step is to optimize your finances.

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