Gen Z seems to be very picky about what they spend their money on for various reasons. Typically, when the younger generation gets money, it comes from family and friends. This money is used for many things, from shopping to buying snacks. Though the thing is they only buy things based on what is popular, expensive, or widely known because of social media.
When I say popular I mean things like shoes or hats, including the new Labubu doll or the Sonny Angel phone doll decorations. These dolls are becoming so popular kids have started selling them at school. Outside of the kids selling them the Labubu doll price ranges from $100-$500!
Even some of the shoe brands are expensive like the Nike Airforces or Jordans. Another popular item is hats like sports team hats, pro bass and LA hats.
It seems to be that the more popular an item is the more expensive it is like the dolls or electronics. Gen Z is very particular on what they spend their money on whether it’s expensive or not, if it’s popular everybody wants it.
