Six in 10 millennials claim to be going through a “quarter-life” crisis, according to a new study.
Many of us are familiar with the trope of a mid-life crisis – a person in middle age who is feeling stuck in a rut, and who reacts by indulging in erratic behaviour like making spontaneous career decisions or buying a motorbike.
But now it seems more and more of us are evaluating our existence far earlier as a new study reveals more than half of millennials are experiencing a “quarter-life crisis”.
The study, carried out by First Direct bank and psychologist Dr Oliver Robinson, aimed to look at how people can use a crisis as a spark for change, but in the process discovered a huge number of 25 to 35-year-olds are struggling to cope amid financial, career and personal pressures.
Analysing 2,000 Brits, the study found that financial difficulties were the biggest single cause, with more than half (53 per cent) of people going through a quarter-life crisis admitting they spend more than they earn each month. (Read more from “Over Half of Millennials Have ‘Quarter-Life’ Crisis” HERE)