By Lauren Young

NEW YORK, June 25 (Reuters) - We’ve published a bunch of great articles in the past few weeks focused on Gen Z. But my favorite one is about a 28-year-old who is using nearly $40,000 in savings to travel around the U.S. and cheer on England in the World Cup.

Could you drop everything and blow your cash cushion on a bucket-list experience? Why or why not? Write to me via the link in my bio.

While you’re at it, be sure to follow our On the Money coverage. And connect with me on LinkedIn, where I’m always posting the latest Reuters news.

FEWER YOUNG ADULTS RELY ON FAMILY FOR FINANCIAL HELP

Speaking of Gen Z, while fewer young adults ages 18-29 are relying on their parents for financial support, affordability issues are preventing them from fully launching into the next stage of their lives.

I spoke to Will Smayda, head of financial centers at Bank of America, about the money challenges of early adulthood. One of the most surprising data points is how willing members of Gen Z are to talk about their finances: 60% speak candidly about money with friends. And they even share why financial hardships prevent them from socializing with peers — a practice known as "loud budgeting.”

In addition, more than half of the Gen Z respondents (56%) are single, and of those, only 11% say they ‌are actively dating — ⁠with over half spending $0 a month on a love life!

Indeed, some members of Gen Z are approaching dating in a more frugal way.

ARE THE NEW FEDERAL TRUMP ACCOUNTS RIGHT FOR YOUR FAMILY?

With the official launch of federal Trump Accounts slated for July 4, plenty of parents are asking me if they should utilize this new tax-deferred investment vehicle — especially if their children fall outside the 2025-2028 birth window that qualifies for a one-time $1,000 seed contribution from the U.S. government.

The short answer? Yes . But with some caveats.

As a reminder, Trump Accounts are tax-advantaged investment accounts designed to boost the savings of U.S. citizens under the age of 18.

If you have set one up, I want to hear from you. Was it easy to do? Do you qualify for free money? Are you planning to max out the account? Email me via the link in my bio.

READ. WATCH. LISTEN.

What is the secret to a long life? Clues from three Brazilian sisters over 100

SpaceX's wild ride is just getting started

How Brexit is estimated to have hit the UK economy

US consumers favor homebuying over renting for first time since 2023

This upstart launched 35 ETFs in a day - and doesn't plan to slow down

Is the tech selloff a hiccup?

Do digital nomads have more fun?

Kevin Warsh wants the U.S. central bank to talk less

New student loans are about to get pricer

NO HEALTHCARE, BIG REGRETS: A FOUNDER’S EARLY MONEY MISTAKES

I met Samantha C. Coxe of Flaus at an AARP dinner last fall, and she was quick to share some of the astounding money mistakes she made as a first-time founder.

Coxe deferred her student loans and racked up $35,000 in credit card debt, which impacted her credit score. But that’s only a small sampling of her initial money woes.

I hope you can learn from some of her financial mishaps — and keep your mom from freaking out at the same time.

A$K LAUREN

Have a money question that's keeping you up at night? Whether you're navigating rising pet insurance premiums, trying to figure out if you should roll over your 401(k) or debating a bucket-list travel splurge — I want to hear it. Drop me a line via the link in my bio.