Based on 2,500 interviewees,^† with a consumer youth panel consisting of over 55,000 people born between 1997 and 2012, and people born between 1981 and 1996:^1
>The nationwide study found 73% of those questioned were anxious about their futures because of the cost of living crisis. Over two-thirds believed they would never be financially secure.
>The report also found the cost of living crisis had forced over a quarter of the young people questioned to either leave education or start thinking about leaving it.
>At least 44% of those living at home said they could not move out because they were needed to help their families pay the household bills.
>When asked about their long-term life goals, maintaining good physical and mental health and simply living happily were among the top answers.
>The findings echo prior research from the Prince’s Trust that found wellbeing among young people was at a 15-year, all-time low. That research found almost half of the young people felt hopeless about the future.
>It was the lowest outcome in all the years the trust has been running its NatWest youth index, including when it launched during the global financial crisis.
I ditched any real ambitions at age 11 when I had to give up going to a very good school to move to Wales and go to a school full of kids I didn’t know. This was 25 years ago now and as predicted everything has only become worse from student loans and the 2008 banking ‘crisis’ to the brexit nonsense and managed decline of the UK from austerity. That’s not even touching on the widening gap between working people and the rich, the climate change stuff. The older generations have failed young people so badly and still won’t acknowledge it.
Sounds like the quarter life crisis. When you realise the world doesn’t exist for you to achieve dreams in. Maybe they’ve started counting what they have and not what they haven’t got
Not content with crushing the hopes and dreams of just one generation, the UK hungrily turns its eyes on another.
Self perpetuating issue though, if you don’t believe in yourself you will 100% fail. Even if it’s hard and unlikely upu have to give life 100% and believe you’ll come out on top, otherwise you might as well jump off beachy head.
Edit: Oh no this is unpopular, just give up and jump off a cliff that’s the more trendy view I guess. Screw trying at anything
We keep getting reports and articles that frankly states that everyone is fucked due to the cost of living, however, nothing seems to happen.
When are the government going to do something to help with the cost of living?
No wonder young people feel lost and anxious, every day is a new reminder of how bad things are but no solutions are put in place.
So glad we have these polls to tell us the blindingly obvious
We’ve had what, 10 years of stagnating wages? In the meantime we’ve had 10+ years worth of inflation in a matter of a year or two. Are you working on a raise? No point, you’ll still be poorer than a few years ago. No wonder everyone is feeling bleak.
Most people including young people think “it will all turn out fine”. As long as they have a better than average paying job and have parents who own a property and leave an inheritance they should be poor but fine.
Just not the “travel around the world” retirement they had dreams of.
If you have none of those things then expect an existence out of a Channel 5 daytime show about repossessions and crime.
I’m in a very fortunate position, all things considered, and even I’m walking back some very long-held dreams. Not unreasonable ones, either. We’re not talking “save the world” or even “be an MP”. But if I reliably want to be able to afford a house or something – which should not be that much of an elite luxury! – it’s almost impossible to keep any dreams.
35 here off sick and there’s no ambition at all.
Unless like some people I get some kind of inheritance from a distant relative for 250k then there’s nothing.
Even if I could work on 28k, with the cost of living I could maybe save 2-5k a year.
Maybe if you don’t have your Starbucks and Netflix you can work 100 hours per week, cycle to work in the rain everyday and work your ass off then maybe just maybe 1 day you might be able to save up enough for a deposit on a 1 bed flat.
There’s no ambition, no hope at all, it’s depressing for most of us and the greedy rich just want more and more.
I hope and pray that something changes but the reality is that nothing will unless we form a revolution.
No political party is gunna change anything for the better of the people, they’re all lying self serving criminals of the highest order!
Look how divided we all are blaming this political party or that 1….. It’s all of them at the top together.
So a United revolution is the only way.
Regarding the impact this is having on our mental health; It’s more important than ever to support and be there for our younger generation and fellow neighbours. Sadly, we cannot rely on the rich, the privileged, or the government to have our best interests at heart. Therefore, if you encounter someone who is struggling, please extend a helping hand. C:
All of this might have a big impact on the number of births over the next couple of decades. Forgetting the small matter of having money to raise kids, it’s difficult to get your fuck on while still at home.
Nothing will change if people don’t start getting angry and expressing their anger – in peaceful manners of course.
The UK has become such a miserable place to live unless you are Rich. It’s honestly so depressing
15 comments
Based on 2,500 interviewees,^† with a consumer youth panel consisting of over 55,000 people born between 1997 and 2012, and people born between 1981 and 1996:^1
>The nationwide study found 73% of those questioned were anxious about their futures because of the cost of living crisis. Over two-thirds believed they would never be financially secure.
>The report also found the cost of living crisis had forced over a quarter of the young people questioned to either leave education or start thinking about leaving it.
>At least 44% of those living at home said they could not move out because they were needed to help their families pay the household bills.
>When asked about their long-term life goals, maintaining good physical and mental health and simply living happily were among the top answers.
>The findings echo prior research from the Prince’s Trust that found wellbeing among young people was at a 15-year, all-time low. That research found almost half of the young people felt hopeless about the future.
>It was the lowest outcome in all the years the trust has been running its NatWest youth index, including when it launched during the global financial crisis.
^1 https://www.theguardian.com/society/2023/sep/19/young-people-ditching-ambitions-over-uk-cost-of-living-crisis-research-finds
^† https://princes-trust.org.uk/about-us/news-views/gen-z-dream-jobs-research
I ditched any real ambitions at age 11 when I had to give up going to a very good school to move to Wales and go to a school full of kids I didn’t know. This was 25 years ago now and as predicted everything has only become worse from student loans and the 2008 banking ‘crisis’ to the brexit nonsense and managed decline of the UK from austerity. That’s not even touching on the widening gap between working people and the rich, the climate change stuff. The older generations have failed young people so badly and still won’t acknowledge it.
Sounds like the quarter life crisis. When you realise the world doesn’t exist for you to achieve dreams in. Maybe they’ve started counting what they have and not what they haven’t got
Not content with crushing the hopes and dreams of just one generation, the UK hungrily turns its eyes on another.
Self perpetuating issue though, if you don’t believe in yourself you will 100% fail. Even if it’s hard and unlikely upu have to give life 100% and believe you’ll come out on top, otherwise you might as well jump off beachy head.
Edit: Oh no this is unpopular, just give up and jump off a cliff that’s the more trendy view I guess. Screw trying at anything
We keep getting reports and articles that frankly states that everyone is fucked due to the cost of living, however, nothing seems to happen.
When are the government going to do something to help with the cost of living?
No wonder young people feel lost and anxious, every day is a new reminder of how bad things are but no solutions are put in place.
So glad we have these polls to tell us the blindingly obvious
We’ve had what, 10 years of stagnating wages? In the meantime we’ve had 10+ years worth of inflation in a matter of a year or two. Are you working on a raise? No point, you’ll still be poorer than a few years ago. No wonder everyone is feeling bleak.
Most people including young people think “it will all turn out fine”. As long as they have a better than average paying job and have parents who own a property and leave an inheritance they should be poor but fine.
Just not the “travel around the world” retirement they had dreams of.
If you have none of those things then expect an existence out of a Channel 5 daytime show about repossessions and crime.
I’m in a very fortunate position, all things considered, and even I’m walking back some very long-held dreams. Not unreasonable ones, either. We’re not talking “save the world” or even “be an MP”. But if I reliably want to be able to afford a house or something – which should not be that much of an elite luxury! – it’s almost impossible to keep any dreams.
35 here off sick and there’s no ambition at all.
Unless like some people I get some kind of inheritance from a distant relative for 250k then there’s nothing.
Even if I could work on 28k, with the cost of living I could maybe save 2-5k a year.
Maybe if you don’t have your Starbucks and Netflix you can work 100 hours per week, cycle to work in the rain everyday and work your ass off then maybe just maybe 1 day you might be able to save up enough for a deposit on a 1 bed flat.
There’s no ambition, no hope at all, it’s depressing for most of us and the greedy rich just want more and more.
I hope and pray that something changes but the reality is that nothing will unless we form a revolution.
No political party is gunna change anything for the better of the people, they’re all lying self serving criminals of the highest order!
Look how divided we all are blaming this political party or that 1….. It’s all of them at the top together.
So a United revolution is the only way.
Regarding the impact this is having on our mental health; It’s more important than ever to support and be there for our younger generation and fellow neighbours. Sadly, we cannot rely on the rich, the privileged, or the government to have our best interests at heart. Therefore, if you encounter someone who is struggling, please extend a helping hand. C:
All of this might have a big impact on the number of births over the next couple of decades. Forgetting the small matter of having money to raise kids, it’s difficult to get your fuck on while still at home.
Nothing will change if people don’t start getting angry and expressing their anger – in peaceful manners of course.
The UK has become such a miserable place to live unless you are Rich. It’s honestly so depressing