What Mid-life Crisis?
Ceri Shepherd recently wrote an article in Jim Puplavas Financial Sense University entitled FOR EVERY $100,000 YOUR HOUSE HAS APPRECIATED YOUR SON OR DAUGHTER IS NOW ANOTHER $100,000 IN DEBT. A recent study (for Saga Health Insurance) out of Britain now tells us that the Quarter Life Crisis is perhaps an even greater problem than the Mid-life Crisis ever was. When a section of Brits aged over 50 was surveyed they revealed that only one-in-five felt they were under any financial pressure, while half had no financial worries at all. Conversely, in the 18 to 25 age group 92% admitted to struggling under either emotional or financial stress. Many felt peeved that baby boomers had enjoyed the fruits of the property boom with 60% stating that their main concern was ever being able to get onto the home-ownership ladder. Combined with rising education costs, these modern day pressures are impacting the younger generation so that 70% feel under enormous pressure to attain high-paid careers to a
