Friday, 17 February 2021 5:47 PM

Young people expect a bright financial future

Earning $ 5000 net per month? That must be easily achievable, many young people between the ages of twelve and fifteen think. They have a rosy view of their financial future, according to research by the National Institute for Budget Information (Nibud), the independent foundation that informs and advises on household finances.

The survey conducted over the past two months among nearly 2,000 young people between the ages of 12 and 24 clearly shows that the youngest among us are the most excited about the prospect of a well-paid job. Despite they are aware that the economy is not doing well at the moment. They have great belief in an improved future and dream of a job that will generate at least US $ 5,000 net per month. The group over 21 years old sees it all a little less positively, although they think they will earn more than their parents. One third is counting on an income of three thousand US dollars net per month. Nibud concludes from the results that it is important for young people to learn the value of money before they turn eighteen. So that they can form a more realistic picture of their financial future.


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