We've Destroyed Millennials' & GenZ's Trust In The System | Kyla Scanlon

I spend a lot of time on this channel talking with seasoned investors with decades of experience, the vast majority of whom are older than I -- oftentimes by several decades.But I'm no spring chicken.And I find myself more and more wondering how younger generations look at the world of finance and the economy -- especially with the daunting challenges they face: inflation & the high cost of living, extreme wealth inequality, record high housing unaffordability, AI's threat of mass jobs destruction, $37 trillion in national debt and growing...How are they feeling about stepping into the financial world they're inheriting? Is our education system teaching them financial literacy any better than the total failure it did with us?Where are they getting their financial information from?To find out, we have the pleasure of speaking with author, economic commentator, and educator Kyla Scanlon, one of the top Zillennial financial influencers. She is widely followed across TikTok, Instagram, YouTube, X and Substack.Follow Kyla on Substack at http://kyla.substack.com/Buy her book at https://www.amazon.com/This-Economy-Money-Markets-Really/dp/0593727878And follow her on TikTok, Instagram, YouTube and X at @kylascanWORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com#millennials #genz #investing 0:00 - Younger adults’ financial concerns6:05 - Barbell approach to financial strategies10:00 - Decline in college ROI and trade school rise15:31 - AI-driven job displacement concerns19:39 - Trump’s job creation promises22:00 - New York’s socialist election outcome26:05 - Attention economy’s influence29:34 - Generational shift in media consumption34:26 - Key takeaways from Scanlon’s book39:30 - Engaging younger generations on finance43:45 - Strategies for short-form content46:04 - Encouraging financial literacy in youth49:50 - Current economic and market outlook54:42 - Advice for older generations57:59 - Following Scanlon’s work1:01:05 - Closing and actionable financial advice_____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.