HOW TO DEAL WITH FINANCIAL INSECURITIES

In the first month of the year, there is a flurry of big-picture reports and surveys from global institutions.

- RAJAS KELKAR

(MANDAR PARDIKAR)

The World Economic Forum takes place annually in Davos, Switzerland, in January, where global leaders from across the world converge to discuss ideas about the future. Ahead of the forum, the global body conducted a survey of over 4,000 people across 144 countries as part of the WEF Youth Pulse 2026 report. The biggest cause of stress or anxiety among 57% of the youth worldwide is 'financial insecurity'. They consider inflation and instability as the greatest threats to their lives. Over 70% of young workers today are in informal, insecure, or low-wage employment.

There are two sides to the story. One is about the income, and the other is about the expenditure.