Many adults under 35 are throwing financial caution to the wind. It’s all about saving less, spending more and pursuing passions.
In a tumultuous time, many adults under 35 have stopped playing it safe. Instead of banking as much of their pay as they used to, they’re saving less, spending more and pursuing passion projects or risky careers.
Nimarta Narang, 27, said she was prudent about almost everything until the end of last year, when she had an epiphany: “I don’t want to spend my life being so careful and cautious.”
For most of the coronavirus pandemic, she couldn’t travel to Bangkok to see her family. When she finally made the visit, she was struck by how much she had missed — her mother’s 50th birthday, her grandmother’s funeral, her sister’s engagement, her father’s beard going gray.
“Coming back to the U.S., I realized I needed to do things differently,” said Ms. Narang, a literary editor at Brown Girl Magazine.