Gen Z, stop Venmoing your friends over half-eaten avocados and follow these 2 rules instead
A Business Insider columnist advises Gen Z to stop using Venmo for minor expenses among friends. He suggests adopting a 'let it wash' mentality or setting firmer boundaries to avoid petty financial disputes.
Why it matters
It highlights shifting social norms regarding personal finance and digital payment apps among younger generations.
mihailomilovanovic/Getty Images This post originally appeared in the BI Today newsletter. You can sign up for Business Insider's daily newsletter here . Splitting the difference Most people settle their taxes in April. I used to do a bit of accounting every Sunday morning. My weekly routine wasn't with the IRS. Instead, I'd settle up with a hodgepodge of friends I crossed paths with over the weekend. From Uber rides to rounds of drinks to late-night takeout, there was always some combination of debits and credits that needed sorting out through bleary eyes and a throbbing headache. It's been a while since I played that game. (Two kids, a move to the suburbs, and being on the wrong side of 30 will do that to you.) But I still thoroughly enjoyed my newsletter colleague Amanda Yen's piece about Gen Z nickel-and-diming their friends with Venmo requests.
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