Only half of 18 to 24-year-olds ‘can afford basic living costs each month’

Only around half of adults aged 18 to 24 can afford basic living expenses from month to month, a report indicates (picture posed by model/Alamy/PA) -

Less than a fifth (19%) of Gen Z adults aged 18 to 24 are financially independent from their parents or other relatives, a report indicates.

Only around half (49%) of 18 to 24-year-olds surveyed said they are able to afford basic living expenses from month to month.