Jessica

Jessica

Want to know more about Jessica? Get her official bio, social pages and articles!Full Bio

 

Millennials spend more money eating out

Are you putting money away for a rainy day? A new survey from LendEDU found that 49 percent of Millennials spend more money eating out than they do saving for retirement. Those 49 percent spend about $163 a month on going out to eat. 37 percent of survey respondents say they aren't saving for retirement at all. Those who are saving say they put away an average of $480 a month for retirement. 

According to the survey, here are how Millennials are spending their money:

  • $38 per month on coffee
  • $75 per month on alcohol
  • $39 per month on marijuana
  • $163 per month on restaurants
  • $281 per month on groceries
  • $82 per month on clothes
  • $49 per month on concerts, sporting events, and other events
  • $43 per month on tobacco/vap/JUUL products
  • $7 per month on music streaming services
  • $18 per month on online streaming services
  • $23 per month on exercise (WWLP

Sponsored Content

Sponsored Content