The Financial Habits of Young Workers in Greater China and Their Career Choices.

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Source: CNBC
The Financial Habits of Young Workers in Greater China and Their Career Choices.
Photo: CNBC
TL;DR Summary

A group of young and single workers in Greater China, called the "moonlight clan," are living paycheck to paycheck, spending all their earnings each month. The rising cost of living and lack of affordable housing have put more individuals at risk of being in the "moonlight clan," especially those with low income. Some are taking on debt to maintain their lifestyle, while others are spending on small things that give them a sense of happiness. The "moonlight clan" reflects the disillusionment that young people feel about life these days, as they see the success of their parents but cannot achieve it.

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