Are Gen Yers splurging their cash when they should be saving? Are they really saying no to home ownership? Do they actually have no use for brick-and-mortar bank branches? Canvas8 sat down with British men and women between the ages of 18 and 35 to find out where their cash really goes.

Gen Yers came of age during one of the worst global financial crises, got saddled with a record amount of student debt, and are worse off than their parents were at the same age. So how are they managing the money they owe? And how have attitudes towards borrowing changed for this cohort?

While Gen Yers around the world shrug off real estate, China’s young people are investing in brick-and-mortar. As a gender-imbalanced population leaves the nation’s single men battling for wives and girlfriends, securing a family home is seen as a key step for Chinese bachelors.

House prices in the UK have never been higher, and while some choose to sulk, others are getting creative. Some young people are heading to houseboats, with the number of Brits living on boats rising 50% between 2011 and 2015. But is life on the water as tranquil as it sounds?