The multiple and conflicting identity pressures that young women in western society face have been remarked upon in the literature. Adolescence is a time when identity development activity intensifies, and this process can present young people with challenges. In this paper a social constructionist and interpretive frame is applied to such challenges faced by young women, arguing that they are refracted through socially constructed lenses that operate at a range of levels from the structural to the individual. The paper considers the experiences of two different cohorts of young females who participated in research based in two provincial communities in New Zealand. It explores the way in which both groups appeared to segment their sense of self into a present and a future self, emphasising relationship; the key source of their current sense of well-being in the present, and juxtaposing this with an independent, autonomous self in the future for whom relationships appeared to assume secondary importance. Findings from two studies are examined to identify the ways in which younger females articulate their imagined futures. Rather than seeing their imagined futures as predictive, or constituting a type of plan that they expected to work towards, we see these future narratives as expressing their understanding of their present time worlds and the possibilities they see for girls and young women like themselves. (Contains 1 figure.)