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11/26/2014

What Millennials Aren’t Spending On

Ann-Marie Vazzano
A recent time.com story by Jacob Davidson listed 10 things Millennials won’t spend money on. Here’s a quick rundown:
  • Pay TV
  • Stock market investments
  • Mass-market beer (Millennials prefer craft beer)
  • Cars
  • Homes
  • Bulk warehouse club goods
  • Weddings
  • Children (Davidson cites a 2012 Motherlode study that found that just 42% of Millennials planned to have kids)
  • Health insurance
  • Anything you tell them to buy (While older adults like taking product advice from family and friends, more than half of young adults would rather make a decision based on a review from someone unknown, according to Davidson.) GP
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