young people

Young adults struggling with debt and budgeting

4th March 2025 Arrears and Recoveries | #debt #young people

Young adults are facing significant financial struggles, with many battling debt and seeking help with budgeting, according to new figures released by Christians Against Poverty (CAP). Research carried out by Opinium for CAP found that 35% of young adults are struggling with deficit budgets – spending more than they earn – a far higher number…

Two in five of 16–27-year-olds lack confidence to make financial decisions

22nd November 2024 Arrears and Recoveries | #finance decisions #young people

New research by Yorkshire Building Society has suggested that almost two in five (39%) 16–27-year-olds, twice the rate of the general population, said they lacked confidence needed to make important financial decisions. This lack of knowledge and confidence is reflected in their behaviours, just half (56%) said they know how to budget and a similar…

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young people

Young adults struggling with debt and budgeting

Two in five of 16–27-year-olds lack confidence to make financial decisions

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