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…