Abstract The research involved analysis of satisfaction, meeting life tasks and challenges and development effects of organizations. While the focus of the study was a 21-year-old female student, living in shared arrangement and partnered, it generally overlapped across 89 advanced psychology undergraduate students. The sample of study includes 24 men and 65 women. The age limits range from 18 to 30 years; the study population is additionally made up of 68.5% sample, partnered population constituting 30.4% of the population and the married constituting 1.1% of the population. Living arrangements are also considered in the research. The results indicated that the various aspects evaluated were largely affected by social factors including family and lifestyle while at the same time individual effect is largely expounded. In general, the research confirms the findings of other researches that link personal character development and influences to social, environmental and personal factors at differing levels. Introduction Often cited as the transition period between childhood and adulthood, the youth is a delicate stage and subject to many problems (Salmela-Aro, Aunola, & Nurmi, 2007). Many problems are non-restricted to ethnic or religious groupings, but are general in occurrence. Most discussed problems include abuse of drugs, crime engagement, sexual challenges and poverty. However, other challenges have received little or no documentation at all despite their effect on the youths. Such include identity crisis, reduced confidence and self-esteem, lack of hope, moral issues confusion and ambiguity, media effect and educational competition. Historically, transition involved transmission of beliefs, traditions and practices by the older population to the upcoming adults (Lerner, Lerner, Almerigi, & Theokas, 2005). The impact of socialization bodies including the family unit, religious institutions, among others largely dictated transition. Today, such impact is limited and new forces are known to influence individuals at the personal level. Such forces include the internet and the media. Personal development is intensely intricate with the development of one’s social being, one’s relations and cooperation are with others, one’s feelings of security and anxiety, one’s full range of emotions, one’s emotional connectedness and distances with others, and one’s conscious view of oneself and others. Transition stages are often easily identifiable in their development tasks, transitions in roles and the life situations they encounter. In early youth, individual life goals are more experimental than practical. Generally, with special focus on a 20-year-old Chinese Hong Kong, who will form part of a larger group of 89 advanced psychology undergraduate students. Literature review According to Lawrence (2006) cultural identity defines how persons view themselves and fit within their environments. A number of traditions have considered the relation of personal development to the formation of social, communicative, active selves. Among those in the phenomenological tradition leading to micro interactional sociology (Heritage), the soviet socio-cultural tradition which has spawned the more recent activity theory (Tanner, 2006)), the eighteenth-century Scottish moralist and dissident traditions (Smith and Priestley, for examples), leadi