International Journal of Agricultural Research and Multidisciplinary Research Trends, 2026;1(1):16-19
Financial Problems Faced by Humans and Their Consequences for the Next Generation: A Global Review
Author : Arif Khan and Rakesh Sharma and Priya Mehta
Abstract
Money troubles are a problem that people, families and communities all over the world are dealing with. This review looks at the different ways that financial problems can affect people, including being poor, owing money, not earning enough, being out of work and not knowing how to handle money.
Some important things that this review found out are that kids who grow up in families that are struggling with money are more likely to not do well in school, have health problems, and not have good job opportunities. Also, big financial problems, like recessions, much debt and a growing gap between rich and poor, can make these problems even worse from one generation to the next.
Keywords
Problems, intergenerational poverty, economic inequality, financial literacy, next generation debt burden