Within late modernity, a sense of 'risk' and increased individualisation ar
e theoretically much discussed and debated, especially ideas surrounding ri
sk, risky behaviour and its impact upon identity construction. Drawing upon
data from a recent Department of the Environment funded project exploring
risk and risk management in young people's fives, this article moves beyond
theory and official discourses of 'risk', in order to demonstrate the impo
rtance of young people's lay accounts or 'situated vocabularies' of risk an
d everyday risk-taking behaviour. Furthermore, fieldwork has also highlight
ed the important link between risk and identity, especially, gendered ident
ity construction. This will be discussed in terms of socially perceived ris
ky identities, such us being a 'macho risk taker' or a young (single) mothe
r and the importance of gendered risk discourses within the lives of these
young people. This in rum raises issues of risk governance. As we begin to
unpack the complexity that surrounds risk discourses and risky identities i
t becomes extremely difficult to understand or isolate specific areas of ri
sk without situating them within young people's multidimensional lives, tha
t is, the social, ideological and economic milieux within which they live a
nd make sense of the world.