On the rare occasion that I picked up a magazine to read, I came across a very interesting article from Grazia entitled "Generation Stagnation: All Work And No Pay Rise". This sent me down a rabbit hole of investigation into the nature of our current economy, the cost of living crisis and what this means for millennials and Gen Z.
Many of us put pressure on ourselves because we haven't achieved financial independence and still live with our parents at 24 but in reality this is how this generation is surviving in 2025. Inflation, wage stagnation, job insecurity, competition and uncertainty. All of it culminating to make a melting pot of stress for any young adult.
Quote: "The cost of living is going up and the chance of living is going down" - Flip Wilson
Today we are digging into this crisis and dipping into some solutions for us all. Please note that I am not a financial expert or guru in anything. I'm just your friend who did some research and am here to share. Let's go!
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