11 normal things Gen Z thinks are symbols of wealth
Here are 11 things Gen Z might consider status symbols that older generations don't get.
What once represented wealth might not be the same as today's status symbols. Although these symbols change over time, history seems to repeat itself.
As these symbols evolve, there is a noticeable recycling of trends that previous generations might have also considered status symbols at some point.
For example, Gen Z might not share their parents' views on what signifies wealth, but they do have some status symbols in common with generations older than their parents.
That being said, there are still a few things that Gen Z considers status symbols that older generations just don't get.
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YourTango recently compiled a list of 11 things Gen Z thinks encapsulate a feeling of status, wealth, and affluence.
Here they are:
1. Shopping at premium grocery stores
Gen Z views buying organic and high-end groceries as a status symbol, prioritising health and wellness over traditional luxury items.
2. Thrifted or second-hand luxury items
Instead of buying new designer goods, Gen Z prefers second-hand luxury for sustainability and affordability.
3. Vacations
Travel and experiences are a priority for Gen Z, even if it means taking on debt, as homeownership feels out of reach.
4. Apple iPhones
Despite alternative options, Gen Z sees iPhones as a non-negotiable status symbol, often willing to overspend to own one.
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5. Disposable income
The ability to spend freely or save without financial stress is a major status symbol for Gen Z.
6. High-end beauty products and tools
Expensive beauty gadgets and luxury skincare are seen as symbols of wealth, fuelled by social media trends.
7. Cosmetic procedures and Botox
Gen Z embraces cosmetic enhancements as a routine expense, associating them with self-care and financial freedom.
8. Workout classes
Group fitness classes like Pilates and hot yoga are both social experiences and status symbols, despite their high costs.
9. Having a curated living space
Aesthetic, personalised living spaces are a priority, even if achieving them means going into debt.
10. Accessible medical care
With rising healthcare costs, being able to afford regular medical care has become a sign of financial privilege.
11. Community activities and social events
The ability to socialise in public spaces like cafés and events is now a marker of financial stability for Gen Z.
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