FINANCES

Why Young people are increasingly getting Financially Impatient

The financial urgency and alacrity has increased among young people, they are becoming increasingly financially impatient to have all the accomplishment and affluence as soon as it comes, without waiting for any protocol to attain such height. The perspective has grown, the economic independence is a core determinant which influenced the whole outcome. Young people are looking at everything from the financial aspect of it, the money value or potential money value of anything they are embarking on and have placed huge reliance on financial independence. The economic diversity, social media have helped to inform people, where it is like life library from different lenses.

Social media has continued to play significant roles in helping to inform people about the activities that dominate daily life. Young people are getting pumped up on how they can make money from social media marketing, without necessarily having physical store. This is something that is not available to the previous generation, which relied on manual marketing and provided little technology to advance their economic life, particularly in Africa. Young people are taking the lead, they are hugely influenced with what they see, they want to experience what it is like to have all these affluence and recognition around you.

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It has increased to certain kind of competition for vast majority of young people, it is about where the money come from,  the idea of passion and dreams seem to be gradually going away, everything revolves around the search for money even if it involves doing what you don’t like, which is dangerous trend to queue into. It has indirectly promoted ill gotten wealth as opposed to hard work and mechanised channel of attaining success in life.  The ultimate drive for young people is the flamboyant lifestyle they are engrossed with and ready to replicate it even if means “faking it till you make it” syndrome.

You can look at it from different perspective as younger generation are getting desperate to escape poverty which they experienced while growing up. They do so by acquiring the requisite knowledge to advance themselves in life, on course to break the circle and enthrone education which informed and influenced their decision making in life and form alliance with likeminds to share ideas and stay informed. It is continuous chase to be financially awake, it serves as a blue print you can work on and create constructive templates for you to thrive for financial freedom, which has characterized the very idea of financial impatient among young people who are changing the narrative.

Technology has enormously helped in this aspect- the diversity of economy,  the emergence of digital market and sought-after digital skills which young people are embracing now. It helped to showcase what is happening in international community, so that young people across the globe can be able to compete and see how far they can go with their potential. Financial freedom for young people is the greatest emancipation they are fighting for, the popular opinion is that you have to show money value of your career and passion, when it fails to show numbers then it has failed the litmus test and worth next to nothing.

Chukwuebuka Ogbu

Writer

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