Part 4/9:
As Gen Z navigates the terrain of adulthood, they are faced with systemic financial challenges that stem from the prevalence of subscriptions and digital services. The once-blissful convenience of paying a small fee for access to digital libraries, music, and streaming services has turned into a dependency that can trap consumers in a never-ending cycle of payments.
Statistics reveal a startling reality: the average consumer now pays nearly $924 a year on subscriptions, amounting to a staggering $11,000 over the course of a lifetime for content they do not truly own. The situation is exacerbated by the knowledge that these fees are subject to increases, casting doubt on the sustainability of this model for future generations.