Lack of disposable income and rocketing living costs are forcing young adults to miss out on key milestonesDo you remember when you were young enough to say: “When I grow up I want to … have a house with a garden/be a vet/fly to space/get married?” It was a lighthearted conversation encouraged by older generations to inspire ambition. But now you’ve grown up, how many of the more moderate goals have you achieved? And how many have you filed under “unobtainable”?Young adults’ incomes are now as much as 20% below the national average, as revealed by a Guardian investigation this week. Low incomes, coupled with rising living costs, debt and a lack of employment mean that some of us are not only unlikely to fulfil our more inventive childhood fantasies, but will fail to meet even the basic milestones of adulthood: a full-time permanent job, a life partner, a home, a pension and earning enough every month to put something into a savings account. Continue reading…
Source : theguardian.com
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