‘It’s never enough’: young Americans struggle to build financial independence as cost of living spikes

Young Americans are struggling to achieve financial independence due to a difficult job market, rising costs of living, and economic instability. Over 80% of surveyed 18- to 34-year-olds rate the economy as 'bad' or 'terrible,' according to a Generation Lab study. Cuts to social safety net programs and increasing prices for essentials like gas and groceries further complicate their transition to adulthood.