Charlie Sloth

On Air Now 16:00 – 17:45

Last updated: Wednesday 15 Jul 2009
1XTRA NEWS: THE REAL TALK OF THE STREETS
Are money worries getting you down?
money in piggy bank


Young people are being hit the hardest by the recession with one-in-four under 25's depressed about not having enough money according to counselling experts Relate.

The charity which sees around 15, 000 young people every year, say 21% of young people they see worry about losing their home or find it difficult to get on with their families.

Three per cent are so anxious about their finances they've thought about killing themselves.

The future is also a big concern, with 19% of under 25's saying they're stressed about their careers.

Meanwhile, a survey by the BBC shows 18-24 year olds are more likely to know someone who's lost their job because of the recession but it's found that young people are optimistic about getting through the credit crunch.

How is the recession affecting you?

Is finding work a problem?

Are you feeling depressed or stressed-out by financial worries?

Or:

Are you positive about the future and not concerned by money problem?

Has the credit-crunch caused you make changes for the better?

Steve B
I think it's important to get your CV done and covering letter done and send it out to as many companies as you can. It's also very important to put things in perspective. We are going through an emotional revolution at the moment. For example, I find myself thinking, "Is money really that important?" As long as there is a roof over my head, I have friends and a bit of food then everything is okay. Now is the time to appreciate your friends and be positive about finding a job or some extra work. A lot of businesses are recruiting per hour. We're going through a revolution in business at the moment and we're going to have to be patient.



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