- Nearly a third (29%) of young people in Europe feel their finances are in a poor condition
- Two thirds (66%) of people in Europe feel young people have to make more financial decisions than the older generations did when they were young
- Some 75% of people across Europe agree it is more important for young people today to learn how to manage money
Almost one in three (29%) young people across Europe are barely in control of their finances*.A new international study of financial behaviour questioning about 15,000 people across 15 nations reveals there is widespread concern about the financial prospects of the younger generation.
Percentage % of young adults (18-24 years old) who say their finances are barely or not at all Country in a good condition Austria 12 Belgium 15 Czech 13 France 28 Germany 14 Italy 48 Luxembourg 14 Netherlands 12 Poland 39 Romania 29 Spain 30 Turkey 37 UK 19 Australia 21 USA 20 Average European consumer 29