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Juggling finances: Many young people argue that they are not living beyond their means although bankruptcy cases among those below the age of 25 are increasing.

Fingers are again pointing at youths’ lifestyle for their high rate of debt and bankruptcy. But young people are saying it is a generation gap.

“WHEN I was young, I had to walk to school.”

How many times did our ­parents grate us with tales of their old “hard times” and how lucky we were to have buses and cars?

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