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Stacks of coins and coin jar The majority of GenZers have cut back spending on such things as “fun” spending and/or hobbies, vacations  and paying down debt because of health care costs. (Photo: Shutterstock)

Millennials and GenZers are spending so much on health care that they’re unable to pay down their debt, save for retirement or buy a house.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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