If you are now in your 20s to 30s, you may have been feeling anxious lately. Anxious about relationships, life demands, financial conditions and the future. That means you are facing a quarter life crisis. Relax, you are not alone, this feeling of anxiety is often experienced when entering your 20s.

Maybe you think that quarter life crisis is a matter of confusion and anxiety about the path that will be chosen. However, you know that the cause of quarter life crisis is financial condition.

Unstable financial conditions can make a person feel stuck, difficult to develop, and even lose direction. Let’s discuss it more deeply so that you understand why financial conditions are the cause of quarter life crisis!

1. Mounting Debt Causes Quarter Life Crisis

The first cause of quarter life crisis is the accumulation of debt, credit card debt, online loans and other consumptive debts. Entering your 20s is a time when prestige is prioritized so people are willing to go into debt in order to keep up with the latest styles.

“Little by little will become a hill” is a familiar saying, right? It’s the same with being in debt even if it’s a little and you ignore it so that it will become a pile of debt. That way it will worsen the financial condition. Please note that accumulated debt is the most common cause of quarter life crisis.

This will add to the mental burden. Always spinning in a circle of digging holes closing holes, paying debts with debts. Therefore, it is important to limit consumptive debt and only go into debt for things that are truly productive, such as education or business capital, to keep finances healthy and under control.

2. Responsible for Fulfilling Family Finances

The cause of quarter life crisis is having a financial condition that is not large and uncertain. However, faced with family expectations to meet financial needs. Starting from daily needs, education costs to your own needs. In fact, you are not sure you can meet family expectations.

The salary is not sufficient and the job is not certain. This must make Siobat very frustrated and become a mental burden. Therefore, it is important to find long-term financial solutions, find additional sources of income, or manage finances more wisely.

3. Comparison of Other People’s Financial Achievements

In the age of social media, seeing other people’s financial achievements is hard to avoid. Peers who have bought houses, have successful businesses, or often travel abroad can make us feel left behind. Comparing ourselves to others often brings up two feelings: motivated or depressed.

If this comparison makes you feel inferior and lose confidence, then this could be the cause of your quarter life crisis. Everyone has different financial conditions, backgrounds, and opportunities. Focus on your own financial journey

This comparison can be motivational if you use it as inspiration to manage your finances better. For example, instead of feeling envious, use their achievements as learning material-how they save, invest, or look for business opportunities.

4. Uncertain Job

The next cause of quarter life crisis is not getting a clear job. So the income is uncertain. Such as uncertain contract status, freelance work with fluctuating income, or even not getting a permanent job, can be a major cause of financial stress.

Without a stable income, it is difficult to make long-term financial plans, such as saving, investing, or simply meeting daily needs comfortably. Thus, this financial condition can hinder financial achievement and trigger a Quarter Life Crisis.

5. Lack of Understanding About Managing Finance

You may not care and lack of awareness in reading or learning about how to manage finances properly. Actually, understanding about managing finances will give you a wise decision in spending money by reflecting on financial conditions.

Without knowledge, it allows you to make the wrong decision in spending money to get into debt to fulfill an unrealistic lifestyle.

It should be noted that managing finances properly at a young age is a major factor in preventing the causes of quarter life crisis and minimizing the quarter life crisis phase due to financial conditions.

The causes of quarter life crisis are diverse, especially if the financial condition is not stable. However, that doesn’t mean you have to stay stuck in uncertainty. By starting to manage finances wisely, avoiding consumptive debt, and looking for the right investment opportunities.

One of the steps you can take is to start investing early, and digital gold investment can be the right choice. Gold is known as a stable asset and can protect the value of wealth from inflation.

If you are interested in investing in digital gold, you can really try investing in Treasury! because it has been certified by BAPPEBTI. Let’s start facing the quarter life crisis phase together.