Financial pressures are caused by any situation where there is difficulty or uncertainty in meeting financial commitments due to a shortage of money. This could be difficulty keeping up with living expenses or being able to save for the future.
In some cases, financial pressures can lead to poverty and destitution. Without sufficient protective factors, living with financial pressures can impact a young person’s development and wellbeing, and put them at increased risk of abuse or exploitation.
This briefing uses insights from Childline counselling sessions and NSPCC Helpline contacts to share children and young people’s voices and experiences of financial pressures.
Key themes included:
Please cite as: NSPCC (2024) The impact of financial pressures on young people. London: NSPCC.
Our insight briefings use data and insight from Childline counselling sessions and NSPCC Helpline contacts to explore concerns children and young people have raised and how these affect them.
References
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