More than half of young adults are postponing significant life events because of money worries. A new report shows 55% of Generation Z and 52% of millennials are delaying decisions like starting a family. They are also putting off returning to school or starting new businesses. These findings come from the 2026 Deloitte Gen Z and Millennial Survey.
The main reason for this delay is the rising cost of living. This has been the top worry for these age groups for five years running. It affects how they work and plan their futures. The survey found that nearly half of them live from one payday to the next. This means they have little money left over after paying essential bills. High housing costs also play a big role. About 69% of Gen Z and 64% of millennials say housing prices influence where they can work. This limits their career options.
This financial pressure is a significant factor in Ghana's economy. Many young Ghanaians face similar challenges. High inflation and a tough job market make it hard to save money. This could affect birth rates and entrepreneurship in the country. The survey reflects a global trend but has specific relevance for developing economies like Ghana. Consumer confidence can be directly linked to these economic conditions. Many young people are delaying big purchases and life changes. This can impact industries ranging from housing to childcare.
The Deloitte survey gathered responses from over 22,000 young people in 44 countries. This includes a diverse range of regions and economies. The data was collected between November 2025 and January 2026. Deloitte is a well-known professional services firm. Their reports often provide insights into global economic and social trends. These insights help businesses and governments understand generational attitudes and behaviours.
Despite the financial concerns, a sense of hope remains. About 53% of Gen Z participants expect their personal finances to get better next year. Slightly fewer millennials, 45%, share this optimism. The survey also looked at career ambitions. Only 6% of these young adults see leading a team as their main career goal. Concerns about stress, too much responsibility, and work-life balance are major barriers. They worry about the demands of leadership roles. Still, many aspire to leadership positions later in their careers. Three-quarters of Gen Z and two-thirds of millennials are interested in senior roles someday. This suggests a desire for advancement despite current hesitations.