India’s Gen Z is in a financial crisis like no other. With rising unemployment, stagnant salaries, and increasing living costs, this generation faces challenges that previous ones never did.
Did you know?
83% of unemployed Indians are educated youth.
A new engineer’s salary has been stuck at ₹25,000/month for the last 15 years, while inflation has grown by 6% annually.
Credit card debt in India has skyrocketed, reaching ₹2.7 lakh crore in 2023.
From social media-driven FOMO to reckless spending on credit, Gen Z’s financial habits are leading to a debt trap. Meanwhile, external factors like the pandemic, economic crises, and AI advancements have added to the struggles.
Basically, you have been thrown to the wolves and now you have to fend for yourself. Watch till the end to find out how you can save yourself from this!
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🙋♂️ Who is Kshitiz Sanghi?
I am a serial entrepreneur. I started my first business at the age of 20, selling burgers at college festivals across India. At age 25, I started Voosh, pioneering the way restaurants run their delivery business profitably. Today, Voosh is valued at over ₹100 crores, generating of ₹10 crores+ in annual revenue. Voosh is backed by some of the world's best investors, including Y Combinator, Better Capital, Kunal Shah from Cred, and Ritesh Agarwal from Oyo.
I started with no mentorship, but I want to help all aspiring entrepreneurs and take India to new heights.
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Let's connect! Aspiring entrepreneurs, find me on:
Linkedin: / kshitizsanghi
Instagram - / kshitizsanghi_
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Chapters:
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Tags:
#GenZDebtTrap #financialcrisis #youthunemployment #GenZIndia #LoanTrap #financialfreedom #ikigai #upskilling #mindfulspending #moneymanagement
GenZDebtTrap, financialcrisis, youthunemployment, GenZIndia, LoanTrap, financialfreedom, ikigai, upskilling, mindfulspending, moneymanagement
, GenZ’s Financial Crisis Explained in 6 Minutes
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