How the cost of living effects young people
As most of you know the cost of living has begun to affect our everyday lives in the UK.
To shopping prices, housing costs and even education but amid all of this, we might have forgotten how it affects young people.
For example, some of the 3 main effects that affect young people during the cost-of-living are challenges with education, delayed independence, and career limitations.
Due to the rising cost of living, it can be difficult for young people to pursue a higher education or focus on their studies without having to work part-time or full-time jobs.
Which can negatively affect academic performance and overall well-being.
Some may opt for part-time enrollment to manage costs, which can prolong their education and delay career entry.
Another effect of the cost-of-living on young people is career limitations, the cost-of-living may force young people to go into a career based on salary rather than passion, potentially leading to dissatisfaction with work.
Another effect of the cost of living on young people is delayed independence.
Many young people will have to delay moving out due to unaffordable housing costs, limiting their ability to achieve independence.
Living with family can help reduce expenses, but it may limit their sense of autonomy and delay the development of skills related to household management, budgeting, and decision-making.
It can also limit the ability to live with partners or friends.
Well, there you have it, hopefully this article has given you an insight into how the cost of living affects young people.
