People have outsourced their critical thinking skills and self-responsibility to “experts” and “institutions.” The consequence is a decline in confidence. Here are five reasons for the growing lack of self-confidence in young people.
5 Reasons For The Growing Lack Of Self-Confidence In Young People
College
Young people were told they must go to college. This is a problem. Many alternatives to college continue to go unrecognized by society and parents. Some other options include learning the trade, working, and starting an online business.
The amount of attention that college receives is unbelievable. College consists of reading boring textbooks to take a quiz to please a professor. Employers then care more about what college people attended and their GPA than if they have the right skills to do a job. By studying for exams, people do not learn practical skills.
Hard skills are learned by doing something. They are not learned by reading from a stupid textbook and listening to a professor.
College creates insecure individuals by indoctrinating young people that a professor who has a Ph.D. knows more than them. Academics are the last people young people should learn from. Young people should learn from people with a proven track record of success in a field that interests them.
College was the 20th century way of learning. The 21st-century way is reading articles, watching videos, and purchasing digital courses from people with experience in a topic or skill you want to learn.
Related – 12 Reasons Why Young People Should Not Go To College
Personal Finance
Another problem is that many young people were never taught the basics of personal finance. There is a connection between financial instability and suicide. Financial success plays a critical role in developing self-confidence. Not everyone needs to become a millionaire to be financially free. Just do not have any debt to allow you to save and invest.
The problem is that the US dollar and the financial system are based on debt. Society encourages car loans, student loans, credit cards, mortgages, and living beyond your means to get people into debt. The goal is to get as many people into debt as possible.
Learn and follow the basics of personal finance:
- Stay out of debt
- Live below your means
- Save money
- Build an emergency fund
- Once you have enough money saved, invest in tangible assets
Financial insecurity leads to uncertainty. Personal finance is foundational to a prosperous life. Follow essential personal finance principles, and you will be ahead of most people.
Comparing Themselves To People On Social Media
Social media contributes to low confidence because people constantly compare themselves to others on social media. They may see that someone received thousands of likes for a post. Another person may have a million followers. They may have seen an influencer post a photo or video of them on vacation and partying.
Turn off social media. Spend time outside. Focus on yourself. Work to reach goals. Invest in yourself. You will feel better and more confident once you stop comparing yourself to the people you see online.
Hustle Culture
Young people have been raised in the hustle culture. It is what they know. All that most people know is working multiple part-time and gig jobs. The consequence is the loss of stable employment. It is difficult to find traditional jobs that provide benefits from a pension to vacation days. It is now all about hustling every day.
Work with no days off. Work every day. Life has become work. Work is how many people think they discover meaning.
Find ways to leave the hustle culture. Start to focus on your strengths and find ways to monetize them. The wonderful thing about the 21st century is the variety of jobs that can be done online, even starting an online business.
Related – 15 Habits To Build Wealth For Singles
Retirement
Retirement is becoming more of a pipe dream for many young people. Why? Many have already been priced out of being able to afford a home or the stock market and do not have enough saved for retirement. Many Americans do not even have enough money to cover an emergency.
A solution is to consider semi-retirement. This means still working when you are older. But you can work to build passive income streams beginning today. Those passive income streams can provide income by constantly appearing in your bank account.
Stop trading time, attention, and energy for active income. Work to build passive income streams to help you to semi-retire. A simple strategy like planning for semi-retirement can help boost confidence.
How To Develop Self-Confidence
In a world that feels like it is always against you and there is no way to get ahead, is there a way to develop self-confidence? Yes!
There are many ways to develop self-confidence. Focus on health, relationships, and increasing income.
Ways to pay attention to health include:
- Being aware of portion sizes
- Following a diet
- Regularly exercising
- Getting exposed to sunlight
- Make sure to get enough sleep each night
Steps to improve relationships are:
- Reconnect with old friends
- Get to know people in your community
- Spend time with family
- Learn to enjoy time in solitude
- Get to know your neighbors
Strategies to increase income are:
- Work a weekend job
- Start a side hustle
- Discover ways to make passive income
- Find ways to make money online
- Start an online business
Practice self-responsibility. By accepting self-responsibility and setting goals daily, you will discover that you can do more than you were told. Set a schedule. Follow a to-do list. Complete short and long-term goals. Before you know it, you will be in a better position than you were before. You will also be happier.
Self-responsibility and investing in yourself by focusing on health, relationships, and personal finance are the secrets to building self-confidence.
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Summary
You are responsible for your own happiness, confidence, and prosperity. Take action today to start to reach a goal. Become the best version of yourself to thrive as a single person!
