The correct answer to this open question is the following.
You ask to examine the impact of risky behavior on different spheres of well-being(social, emotional, physical, and spiritual)
For that to happen I had to interview a couple of young people to know their answers and could conclude something appropriate to answer the question.
Regarding social behavior, one of the risks is to behave differently from what people expect of you. This means that society has a predetermined expectation of the way you have to behave in public places and what to do in different circumstances, When you behave differently, people criticize you and judge you.
Regarding the emotional and directly related to the physical, the risk is to engage in day-to-day drama in the family environment, at school, or with your friends. Yes, that you are caught in the trap of receiving the effects of other people's drama and that you can not leave soon enough to stay out of the drama.
Finally, the spiritual perspective. The risk is that you get lost in different religious and belief systems that make you doubt what your family and church have taught you since you were a child. Today, you are exposed to too many ideas and belief systems that can alter your own.