With Generation Z entering the workforce and Gen Alpha preparing to follow, there has been a significant shift in the language used to discuss money and wealth.
From the emergence of new terms to changing perceptions of financial status, the financial lexicon is evolving rapidly.
Online, a plethora of unfamiliar terms are emerging, leaving older generations puzzled. What exactly is ‘rizz’, and why is someone with it called a ‘rizzler’? Is having impeccable ‘drip’ dependent on having a lot of ‘guap’?
Want to engage in a more substantial conversation about money? Steer clear of these phrases. Delve into Suze Orman’s tips for a prosperous retirement — have you made this financial move yet?
Now that money slang has become popular among Gen Z and Gen Alpha, let’s decode some of the most commonly used terms.
Bougie: Referring to luxury or elegance, this term is experiencing a revival and is often associated with experiences such as first-class travel or a lavish charcuterie board.
Drip: Describing one’s overall style, particularly in clothing, ‘drip’ signifies a flashy, cool or uniquely eccentric outfit.
Guap: A strictly money-centric term, guap simply means a significant amount of money.
Rack, Benjamin, Stack: While ‘guap’ is open to interpretation, ‘rack’ equals $1,000, ‘Benjamin’ is $100, and ‘stack’ amounts to $10,000.
Rizz: Denoting an individual with an abundance of sex appeal, coolness, and innate charm, rizz and rizzler represent charisma and charm.
This transformation of language reflects the influence of younger generations on culture, driven by memes and the constant introduction of new words into our daily lives. As Gen Z begins to shape our language and perceptions of money, it’s clear that a new era has arrived.
