Oh, To Be 24!

Outlook Money turns 24 this year. It’s that age by which most of you would have experimented and explored different scales and melodies of life, and would be settled or ready-to-be-settled soon with the rhythm that you like the most. OLM took off in 1998 and, thus, is among the oldest of the Gen Z (anyone born after 1997). The spurt in investment activity observed in this age group in the last couple of years has pricked curiosity about them in recent times. But who is an average 24-year-old in India? The answer to that question in a country as diverse as India—not just in terms of culture and identity, but also in terms of social and financial status—cannot be straightforward. A significant research by Jeffrey Jensen Arnett, professor at the Department of Psychology at Clark University in Massachusetts, the US, clubs the age group of 18 to 25 into a group called...