• Privacy policy
  • T&C’s
  • FAQ
  • Meet the Team
  • About The London Economic
  • Advertise
TLE ONLINE SHOP!
NEWSLETTER
SUPPORT THE LONDON ECONOMIC
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home Lifestyle

Why my 20-year-old self would envy ‘Generation Sensible’

Throughout my twenties I spent more time in clubs than I care to admit. My hometown boasted clubs of the beach bar variety, clubs of the revolving floor variety and in most instances clubs of the sticky floor variety, and I can tell you now without any equivocation that I hated every single one of them. […]

Jack Peat by Jack Peat
February 21, 2017
in Lifestyle

Throughout my twenties I spent more time in clubs than I care to admit. My hometown boasted clubs of the beach bar variety, clubs of the revolving floor variety and in most instances clubs of the sticky floor variety, and I can tell you now without any equivocation that I hated every single one of them.

The problem was that unless you conformed to the predrink-pub-club routine you were pretty much stuck, destined to a life as a recluse, and so it was that I spent the best part of my twenty-somethings getting B52s’ Love Shack pumped into my ears on a cramped dance floor with a Smirnoff Ice in my hand.

But thankfully this generation haven’t inherited our misfortune. According to a new Nationwide study dubbed ‘Generation Sensible’ 65 per cent of young adults would rather party at a friend’s house than spend unnecessary money at the pub or club.

Despite been saddled with debts in the region of £20,000 following their stint at University, most popular twenty-somethings have 15 good friends who they choose to see in bars and cafes rather than waste money on expensive nights out and lavish holidays.

Andrew Baddeley-Chappell, Nationwide’s Head of Policy for Mortgages and Savings said: “Our research has found a generation of twenty somethings under pressure and in transition. The good news is that as a demographic they seem to be planning their futures, whether that be saving for a deposit for their first home or a holiday. In some ways this is a far cry from the free-spirited youth of the 60s and 70s.”

The study shows that when it comes to attempting to save, 32 per cent are desperately trying to get a deposit together for a mortgage, while 30 per cent are saving up for a holiday.

A further 24 per cent of twenty-somethings are saving for a rainy day, and one in 10 are gathering cash together to pay for their wedding. And although those in their twenties earn just under £20,000 a year – working 31 hours a week – at the end of every month they have just £210.07 to spend on enjoying themselves.

RelatedPosts

Lucky Numbers and Horoscopes for today, 27 February 2021

Weather forecast, alerts and UVB index for London, Saturday 27 February 2021

Lucky Numbers and Horoscopes for today, 26 February 2021

Weather forecast, alerts and UVB index for London, Friday 26 February 2021

Getting on the housing ladder is a concern for 36 per cent of those in their twenties, while landing a job worries 27 per cent.

Here’s what the average 20-something looks like today:

Support fearless, free, investigative journalism Support fearless, free, investigative journalism Support fearless, free, investigative journalism

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending fromTLE

  • All
  • trending

What If We Got Rid Of Prisons?

Stress, fear and homelessness: The threat looming over families confronted with eviction

File photo dated 07/11/03 of a prison cell.

The Other Prison Pandemic

Latest from TLE

Credit;PA

‘Donald J Trump ain’t going anywhere’ – Trump remains the dominant force at US conservative conference

thunder ball results

Thunder Ball Results, Saturday 27th February 2021

National Lottery Lotto Results – Saturday 27th February 2021

Credit;PA

Video – Fireworks fired at police as hundreds take part in anti-lockdown protest

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

Contact

Editorial enquiries, please contact: jack@thelondoneconomic.com

Commercial enquiries, please contact: advertise@thelondoneconomic.com

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Lifestyle
  • Food
  • Property
  • Travel
  • Tech & Auto
  • About The London Economic
  • Meet the Team
  • Privacy policy

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.