Friday, July 21, 2017

More groceries, less travel: Millennials spend more on necessities than older generations

There's plenty of speculation out there about why Millennials aren’t buying homes, investing in the stock market or even buying diamonds.

But a new report found that Millennials spend significantly more on necessities like groceries and gas than older generations.

On average, people between the ages of 18 and 36 spend $2,300 more per year on groceries, gas, restaurants, and cellphone bills than those who are 37 and older, according to a study from Bankrate.com.. . . more

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