The Power of the Success Sequence for Young Adults
March 21, 2023
From underperforming schools to unsafe neighborhoods, from institutional racism to other structural barriers, hindrances often stand in the way of financial success for young adults from disadvantaged backgrounds. Given these challenges, many young adults lose hope, thinking they have no way of changing their life trajectories.
However, there is a path that frequently leads to the “American Dream” and away from poverty. This path is called the “Success Sequence.” The sequence entails three steps: (1) getting at least a high-school degree, (2) working full-time, and (3) marrying before having children. Young adults who manage to follow the sequence – even in the face of challenges – are much more likely to forge a path to a better economic life.
