In the last 2-3 years these young adults have seen the biggest financial crisis ever.
Young adults have understood that no job is secure in the current economy, they should work to learn instead of working only for money.
Young adults need to manage their money well, they should adopt good money habits. Developing the right money attitude at the young age is essential to achieve financial success in life.
“If you can’t save money, the seeds of success are not in you.”
Though the 7 reasons appears to be real fact the main cause of these lies in the lack of counseling at the entry levels has to be addressed by Educational Institutions and employer's to minimize the hard ship.