"There are pros and cons that people could go on about for days, but I think that social media has provided me a lot of financial advice, just because there are so many social-media influencers nowadays," Alex Frank, a 20-year-old college student in Alabama, told MarketWatch. She has found social media particularly useful when searching for tips on saving money.
Even as skepticism about AI increases among young people, more than 90% of Gen Z business owners also say AI has saved their company money.
With new business opportunities being created by AI, Frank said, "I think it's easier to become financially independent now than in the past."
Need advice on a money-related issue in your life? MarketWatch's Dollar Signs advice column is here for you. Submit questions anonymously here or write to us at dollarsigns@marketwatch.com.
-Venessa Wong
