Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health  (2024)

Table of Contents

  • What is ‘soft saving’?
  • Why are Gen Zers ‘soft saving’?
  • Is this a bad financial move?
  • Tips for saving money

Money Banking

Article updated on Jan 22, 2024

This new trend emphasizes living in the moment, but experts say you can prioritize your well-being while also saving for the future.

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Our Experts

Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (1)Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (2)

Written by

Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (3)

Liliana Hall

Associate Writer

Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. She is passionate about providing accessible content to enhance financial literacy. She graduated from the University of Texas at Austin with a bachelor's degree in journalism, and has worked in the newsrooms of KUT and the Austin Chronicle. When not working, she is probably paddle boarding, hopping on a flight or reading for her book club.

See full bio

Edited by

Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (4)

Laura Michelle Davis

Editor

Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

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Our Experts

Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (5)Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (6)

Written by

Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (7)

Liliana Hall

Associate Writer

Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. She is passionate about providing accessible content to enhance financial literacy. She graduated from the University of Texas at Austin with a bachelor's degree in journalism, and has worked in the newsrooms of KUT and the Austin Chronicle. When not working, she is probably paddle boarding, hopping on a flight or reading for her book club.

See full bio

Edited by

Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (8)

Laura Michelle Davis

Editor

Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Why You Can Trust CNET Money

Table of Contents

  • What is ‘soft saving’?
  • Why are Gen Zers ‘soft saving’?
  • Is this a bad financial move?
  • Tips for saving money
Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (9)

Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health (10)

Written by

Liliana Hall

Associate Writer

Read more from Liliana

Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. She is passionate about providing accessible content to enhance financial literacy. She graduated from the University of Texas at Austin with a bachelor's degree in journalism, and has worked in the newsrooms of KUT and the Austin Chronicle. When not working, she is probably paddle boarding, hopping on a flight or reading for her book club.

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Writers and editors and produce editorial content with the objective to provide accurate and unbiased information. A separate team is responsible for placing paid links and advertisem*nts, creating a firewall between our affiliate partners and our editorial team. Our editorial team does not receive direct compensation from advertisers.

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Gen Z and 'Soft Saving': How I Balance My Financial and Mental Health  (2024)
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