Living at home as a teenager in today’s economy comes with its own set of challenges, and it’s something I think about when I imagine my future. I plan to move out east for college and hopefully start a career out there, but honestly, I’m worried about how the current economy will impact my studies, job opportunities, and even just my ability to live independently. Inflation, shrinkflation, and the rising cost of living are impossible to ignore, and they’re definitely shaping the way I see my future.
Inflation has been a huge topic in the news for as long as I can remember. It’s crazy how expensive basic necessities have become in the U.S. Since 2008, the year I was born, there’s been a 47% increase in prices. It’s not just about things costing more—it’s the fact that wages haven’t kept up. Minimum Wage in 2008 was $6.55 per hour, and in 2009 changed to $7.25 per hour, and hasn’t changed on the federal level since. How am I supposed to budget for groceries, rent, and everything else when prices are climbing faster than paychecks?
Speaking of groceries, I’m also worried about the prevalence of hyper-palatable and hyper-processed foods. They’re cheap and convenient, but they’re not exactly great for your health. I don’t want to rely on unhealthy options just because they’re the most affordable. Eating healthy is super important, especially as a student, but fresh, whole foods cost so much more. It’s frustrating to think that I might have to choose between eating well and saving money.
Housing is another big concern. Have you seen the cost of rent lately? It’s outrageous, especially in cities where colleges and jobs are concentrated. Finding an affordable place feels almost impossible, so I’ve already accepted that I’ll probably need roommates. Even then, rent can be ridiculously high, and it makes me wonder how anyone gets by without financial help.
And then there’s entry-level job pay. It’s no secret that a lot of these jobs don’t pay enough to cover basic living expenses. That’s really discouraging when you’re just starting out and trying to gain experience. I’m already thinking about how I’ll need to juggle internships, part-time jobs, and school just to make ends meet and set myself up for better opportunities down the line.
Despite all of this, I’m determined to keep moving forward. I’m hopeful that things will change, but I’m also realistic about the challenges ahead. For now, I’m focusing on what I can control—building skills, planning carefully, and staying motivated. The economy may not make it easy, but I’m committed to figuring it out and making my goals a reality.
Natalia is a Junior at Compass Montessori in Wheat Ridge.
