Many young Brits are putting their financial futures at risk by trying to fund a fashionable lifestyle that is beyond the reach of their wallets, it has been claimed. Cliff D’Arcy, a personal finance commentator, has stated that debt in itself is not the root of such young people’s problems – it is overspending that causes them to build up their borrowing until it is no longer manageable.

More here:
Young People Warned About Debt Risks