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'Millennials are spending more on almost every vice,' survey finds
Posted on 12/12/19 at 12:22 pm
Posted on 12/12/19 at 12:22 pm
quote:
Workers on the lower end of the income spectrum, earning less than $30,000 a year, spend a greater portion of their earnings on financial vices like alcohol, tobacco, gambling, and lottery tickets, according to a new survey by Bankrate.com.
And millennials (ages 23-38) spend more money annually ($1,741 on average) on alcoholic beverages than Gen Xers and baby boomers. Only the so-called silent generation spends more on alcohol: $7,982 a year, on average. Millennials also spend more of their annual income on smoking and playing the lottery than Gen Xers and baby boomers, according to Bankrate.
Read More
Posted on 12/12/19 at 12:23 pm to RLDSC FAN
I’ve never seen a generational comparison thread on this board before. Thanks for sharing.
Posted on 12/12/19 at 12:23 pm to RLDSC FAN
The next greatest generation?
Posted on 12/12/19 at 12:23 pm to RLDSC FAN
I only spend 25% of my post-tax income on OnlyFans subscriptions, so I think I'm doing pretty well for myself.
Posted on 12/12/19 at 12:23 pm to RLDSC FAN
quote:
Workers on the lower end of the income spectrum, earning less than $30,000 a year, spend a greater portion of their earnings on financial vices like alcohol, tobacco, gambling, and lottery tickets
Everyone knows this
Posted on 12/12/19 at 12:23 pm to RLDSC FAN
quote:
'Millennials are spending more on almost every vice,' survey finds
quote:
(Bankrate surveyed 2,377 adults who shared their household income).
Current number of households in US: 128.58M
% Surveyed that you're hanging your hat(e) on: 0.00184865%
Idiot
This post was edited on 12/12/19 at 12:28 pm
Posted on 12/12/19 at 12:23 pm to RLDSC FAN
quote:
($1,741 on average)
those are rookie #s tbh
get yourself a coke habit and then you'll really be cookin' with gas.
Posted on 12/12/19 at 12:24 pm to RLDSC FAN
This platinum ain’t enough
I got too many vices
I luh ta smoke weed I luh to shoot dices
I got too many vices
I luh ta smoke weed I luh to shoot dices
Posted on 12/12/19 at 12:24 pm to RLDSC FAN
Spending less on porn though
Posted on 12/12/19 at 12:24 pm to RLDSC FAN
Whatever it takes to get through the day baw
Posted on 12/12/19 at 12:24 pm to RLDSC FAN
quote:
$7,982 a year, on average.
Comes out to $153.85 a week...YUP, I'm well above avg on this.
Posted on 12/12/19 at 12:24 pm to RLDSC FAN
Also spend more on emotional support animals.
Posted on 12/12/19 at 12:24 pm to RLDSC FAN
How does this relate to previous generations when they were that age? I assume it would be similar as younger people tend to drink, smoke, etc. more than older people.
Posted on 12/12/19 at 12:25 pm to RLDSC FAN
Kinda crazy what you can do with statistics instead of getting right to the point and saying they're spending larger portions of their income on everything because the cost of living has increased at a higher rate than income
Posted on 12/12/19 at 12:25 pm to RLDSC FAN
It's true.
No matter how far below the poverty line a family is, everyone has a $800 phone, 55"tv, Xbox, multiple pairs of shoes, Netflix, etc...
No matter how far below the poverty line a family is, everyone has a $800 phone, 55"tv, Xbox, multiple pairs of shoes, Netflix, etc...
Posted on 12/12/19 at 12:25 pm to RLDSC FAN
I feel like this is true with every generation when they’re young. The younger adult crowd will spend more on alcohol and other vices because the older generation has to worry about other things. I’m sure Gen Xers at one point had this title. These generational comparisons are pretty stupid.
Posted on 12/12/19 at 12:25 pm to RLDSC FAN
quote:Wait I’m sorry, come again?
vices like alcohol,
Posted on 12/12/19 at 12:26 pm to RLDSC FAN
BREAKING
Younger folks spend more time at bars and clubs.
Younger folks spend more time at bars and clubs.
Posted on 12/12/19 at 12:26 pm to RLDSC FAN
Malt Liquor and Newports ain't cheap
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