Here’s a wild stat: nearly a third of Gen Z (24-year-olds and younger) are diving into investing before they even leave uni. Compare that to millennials (15%) and baby boomers (just 5%) hitting the markets that early. We get it: mobile apps make trading feel like snapping pics. With TikTok financial tips and low-cost platforms, investing seems normal, even fun. But regulators like the FCA are sounding alarms: too many are loading up on crypto-first, risking it all. So here are some things Young People in the UK Need to Know.
Young People in the UK Need to Know how to Open up ISAs
Chancellor Rachel Reeves is shaking things up, aiming to make ISAs (Individual Savings Accounts) more Gen Z-friendly. Think: boosting retail investment, introducing junior ISAs, removing stamp duty, and expanding beyond UK-only stocks.
Maybe now Gen Z will finally get why ISAs aren’t some dusty tax tool—and can work hard for you in the long run.
Financial Literacy Still Failing the Generation
Yet here’s the kicker: only 1 in 4 young adults actually received any real financial education at school. That’s millions of futures navigating bills, budgeting, and loans… without a clue.
No wonder TikTok’s full of “finfluencers”-guys in Lambos selling trading courses. The problem? Most aren’t qualified. Schools are skipping money lessons, and youth are turning to social media instead.
