The Daily Money: Young adults have it harder than parents, new Paste BN poll finds
Good morning, it's Daniel de Visé with the day's top headlines.
Youth is wasted on the young? Not anymore, according to a new Paste BN survey. Two-thirds of Americans believe younger people face hardships their parents were spared. Starter homes cost more than ever. So do college loans and child care. Meanwhile, older folks are living longer and working longer, potentially blocking young workers from advancement.
Two-thirds of Gen Zers and three quarters of millennials said they believe they are starting further behind, in a financial sense, than earlier generations at their age. That's according to an online survey of more than 2,000 U.S. adults conducted by The Harris Poll in late August.
Younger Americans also face seemingly unprecedented challenges such as a climate crisis and unseen levels of political divisiveness, with much of the turmoil caused by older generations.
Tinder offers new $500-a-month plan for "select" daters
Would you pay $6,000 a year to an online dating site?
Tinder on Friday announced a new subscription plan called Tinder Select, an invite-only membership tier available to fewer than 1% of users. Applicants who make the cut can unlock exclusive perks like early access to new features and a virtual badge, all for $499 per month, according to Bloomberg.
It’s the app’s fourth paid tier option, joining Tinder+, Tinder Gold and Tinder Platinum.
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🍔 Today's Menu 🍔
Last but not least, some good news for ranch dressing devotees.
Hidden Valley Ranch and This Little Goat, a brand owned by Top Chef champion Stephanie Izard, have collaborated to create Ranch Chili Crunch.
The topping combines the umami flavor of chili crunch with that classic zesty taste, according to an announcement from Hidden Valley Ranch. The ingredient list in Ranch Chili Crunch includes gochugaru chilis, puffed red quinoa, fried garlic, masa chips, sesame oil, chives and Hidden Valley Ranch Seasoning.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from Paste BN. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.