‘We’re doomed anyway’: young people disheartened about the future are splashing out on the present
A survey shows many young adults feel pessimistic about long‑term prospects such as home ownership, leading them to prioritize immediate enjoyment over saving. The research finds a notable rise in discretionary purchases, including daily specialty drinks costing around $8, as respondents view short‑term indulgence as more rewarding than uncertain future gains. The trend highlights shifting financial attitudes among the younger generation.