CNBC host Jim Cramer says Gen Z is broke because they buy too many ‘$14 margaritas’

CNBC host and multi-millionaire Jim Cramer said the younger generation was broke because they spent too much on his $14 margaritas and not enough on the stock market. 

The Mad Money host, who is worth more than $100 million, said that those in Generation Z living paycheck to paycheck were spending too much money on having fun rather than saving or investing it. 

‘One of the problems that I see about Gen Z-ers is they’re not frugal enough,’ Cramer said. ‘They seem like they have a lot of…

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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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