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A portrait of America's young adults: More debt burdened and financially dependent on their parents (www.cbsnews.com)

submitted 11 months ago by [email protected] to c/[email protected]

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Young adults in the U.S. are experiencing a very different trajectory than their parents, with more of them hitting key milestones later in life and also taking on more debt, according to a new report from the Pew Research Center.

A majority of young adults say they remain financially dependent on their parents to some extent, such as receiving help paying for everything from rent to their mobile phone bills. Only about 45% of 18- to 34-year-olds described themselves as completely financially independent from their parents, the study found.

Not surprisingly, the younger members of the group, those 18 to 24, are the most likely to rely on their folks for financial support, with more than half relying on their parents to help take care of basic household expenses. But a significant share of 30- to 34-year-olds also need assistance, with almost 1 in 5 saying their parents provide aid for their household bills.

More broadly, the survey offers a portrait of a generation that's struggling with debt in a way that their parents did not, with more of them shouldering student loans and, for those who own a home, larger mortgages than their parents had at their age. But the analysis also showed that young adults expressed optimism about their futures, with 3 in 4 who are currently financially dependent on their parents saying they believe they'll eventually reach independence.

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[–] ratman150 1 points 11 months ago (2 children)

Do you use the powder? How do you typically mix things up?

[–] [email protected] 3 points 11 months ago

I did the powder for the first ~3 years when I was starting out. I lost almost all the weight in 1.5 years, and since then have just lowered bodyfat percentage and increased muscle mass, while maintaining weight. These days I'm in a better position financially and can afford the premium of the ready-to-drink bottles so I mostly do that. Unironically I found that "mixing things up" with flavors and additives triggers that hunger within me to consume. I don't mean hunger like caloric, stomach grumble hunger, I mean hunger like an addiction hunger. Keeping it to a single flavor, and a strict schedule helps me turn that part of my brain off and I can now make the mental distinction between "fuel" and "pleasure". When I am out for date night with the wife or have people over for football it's "pleasure". When I'm getting up in the morning for work or eating lunch in-between tickets or sitting down for dinner between work and evening leisure it's "fuel". I consume accordingly, and single-flavor soylent is my "fuel".

[–] [email protected] 1 points 11 months ago

Not them. I use the bottles. I did the powder for a while but kinda fell off of it. Thinking of going back, my coworker wants to introduce me to the world of flavor additives to Soylent so that should be fun I guess. Peanut butter and banana Soylent doesn't sound so bad.