Modern Russian society suffers the consequences of great moral degradation caused by social and economic transformations in our country in the early 90s of the XX century. Although the situation has slightly improved over the past decade, it remains unfavorable, which negatively affects the functioning and development of the modern Russian society. To solve this issue, it is necessary to search for the resources for the personal development of young people at the age of the emerging adulthood that can manifest their moral stand through their behavior, carry out the conscious choice of the good, as well as identify factors impeding this. The spiritual and moral values having a positive relationship with the personal development indicators can become the resources for the personal development of young people at the age of emerging adulthood. The egocentric values that have a negative relation with the personal development indicators can be considered as the factors impeding the process. The authors carried out the empirical research of the hierarchy of values and personal development indicators of young people at the age of emerging adulthood and studied the relations between them. The authors carried out the research using psychodiagnostic methods: the method of Free Choice of Values by E.B. Fantalova, The Good and the Evil test by L.M. Popov. The findings were processed using mathematical statistics methods. The results of the study show that for young people, the values of the emerging adulthood period are of primary importance. The study identified both the egocentric values, unfavorable for personal development and spiritual and moral ones, favorable for it. For the majority of young people, the significance of egocentric values of high material well-being, recognition, respect from people, and the influence on those around you is higher than that of spiritual and moral values.