Almost Half of Millennials Spend More Money Dining Out Than Saving for Retirement
A survey from financial online marketplace LendEDU has reported that 49 percent of millennials spend more money eating out at restaurants than they do saving for retirement. That contingent spends about $163/month dining out.

What’s more, 37 percent of millennials aren’t saving for retirement at all, but those who do say they’re putting away an average of $480 per month.

Other data on expenditures by millennials:

  • $38 per month on coffee
  • $75 per month on alcohol
  • $39 per month on marijuana
  • $281 per month on groceries
  • $7 per month on music streaming

The full study results can be found here. (h/t ABC News)

Almost Half of Millennials Spend More Money Dining Out Than Saving for Retirement

The post Almost Half of Millennials Spend More Money Dining Out Than Saving for Retirement appeared first on RELEVANT Magazine.

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