Millennials Struggling to Make Ends Meet, Some Forced to Sell Clothes to Eat

Thursday, March 16, 2017
By Paul Martin

SputnikNews.com
16.03.2017

New figures show people born after 1983, also known as millennials, are more likely to have borrowed money from friends and family or sold their possessions in order to pay their bills.

The survey, conducted by an international broker Norton Finance, revealed that over a third of 18-34 years old have been forced to go without food and heating as salaries have failed to increase, yet the cost of living has.
Paul Stringer, managing director of Norton Finance has said that this research gives a glimpse into how millennials are living and the reasons why.

“With this piece of research we wanted to take a snapshot of British finances, looking at how each generation is handling their money,” Paul Stringer, said in a recent interview.

“It struck us that the younger generation is having a tough time at the moment, something that’s evidenced in headlines on a regular basis,” Mr. Stringer added.

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