'Uncertainty brought up by the pandemic, student debt, and rising housing prices can add a layer of stress to an already stressful juncture of life.'
), the idea that all young people are bad at money management is a fabricated one that evades infrastructural responsibility altogether.
“We’ve put a big morality spin on debt in this country in a way that is completely ridiculous. We need to separate morality and money,” Lowry said. “Money is a tool in our lives that we use. There's just so many different reasons that people end up in debt. And to play the morality game about debt is bad and evil and it is not helpful for anybody's mental health.
financial milestones that were accessible for older generations are now further out of reach out of reach for millennials and Gen Z“I grew up with a scarcity mentality; I can't remember a time in my life when the world felt stable, or like my future isn't in jeopardy because of some world tragedy,” says Hannah, a freshman at the University of Kansas.
Money is so deeply connected to other issues that young people are facing , from climate change to labor reform to immigration. While it won't fix every issue, it shouldn't be undervalued. “Money can't solve your problems, sure, but it can enable the solution for many things. This idea that money is not important is a myth, especially living in a capitalist society,” says Nasir. “Think about it: if you're struggling with mental health and need therapy — you need money for that. You want to eat well and healthy — you need money for that .
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