How do Millennials Choose to Spend Their Money?  (As reported by Jacob Davidson at time.com)

Millennials, loosely defined as those born within the years of 1980 to 2000, are soon to be the generation with more buying power than any other.  But what does this mean and what do Millennials choose to spend their money on?  Studies are showing that many goods and services thought essential by older generations are being reconsidered.  For this group, much of their financial awareness has been shaped by coming of age in the time of the so called “Great Recession” which has had a profound impact on how finances are managed.  David Jacobson at Time.com’s Everyday Money blog explores the topic, and what he finds might surprise you.  Read the full article here.

 

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