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In this digital era, many new trends and mindsets have emerged among young people, especially Gen Z. One prevalent way of thinking that has sparked conversation amongst this generation lately is the idea that marriage is scary.
More than just a point of discussion on social media, this phenomenon reflects a real concern felt by many members of the younger generation. They see marriage as a commitment full of responsibilities, financial burdens and significant lifestyle changes. But actually, marriage doesn't have to be that daunting if both parties are well-prepared.
Why do Gen Z feel that marriage is scary?
There are several reasons why Gen Z feels anxious about marriage:
Economic uncertainty
The rising cost of living, coupled with global economic uncertainty, has many young people worried about their future financial stability.
Financial responsibility
Many young people feel that marriage brings huge financial burdens, such as wedding expenses, house purchase, and children's education expenses. Finances when you're single are worrisome; how much more so when you're married?
Lifestyle changes
A long-term commitment means that both parties will experience major lifestyle changes. This can be daunting for those who are used to living independently.
So, how do we respond to this?
While these fears are valid, there are ways to overcome them. One of them is through careful financial planning. Saving and investing are habits that should be started early to prepare Gen Z to build a new life with a partner when the time comes.
Nobu Bank offers several products that can help Gen Z plan for their future with peace of mind.
Nobu Daily Savings
This daily savings product from Nobu Bank is designed to make it easier for young people to set aside funds regularly. With competitive interest rates and easy access, Gen Z can start saving without worrying about a big commitment.
More information about Nobu Daily Savings, click here
Various Nobu deposits
For those who want to plan for the long term, time deposits are a great option. Nobu Bank has various deposit programs that you can use to save for the long term.
Information about deposit options, click here.
From “marriage is scary” to “marriage is prepared”
The key to overcoming the anxieties around marriage is preparation. With Nobu Bank's savings products, Gen Z can start preparing for their future without feeling overwhelmed. Marriage doesn't have to be something scary, as long as it is well planned.
Nobu Bank is ready to help Gen Z in every stage of their lives, from saving for their daily needs to planning for a brighter and safer future. So, let's change the mindset from “marriage is scary” to “marriage is prepared”.
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