Reply
Honored Contributor
Posts: 38,221
Registered: ‎05-22-2016

Re: 25 Things Millennials Aren’t Spending Their Money On

[ Edited ]

Is there a reason why that list is singling out millennials??  Is that list suppose to be a comparison to some other generation(s)...like which one? I think it's only fair to ask.

 

ETA - A group of people put into a category for what they don't buy...?? That seems absurd to me.

Honored Contributor
Posts: 33,580
Registered: ‎03-10-2010

Re: 25 Things Millennials Aren’t Spending Their Money On

[ Edited ]

I'm considered a Gen-Xer and some of these don't apply to me either.  

 

Someone asked about the napkins and commented about them wiping their mouths on their sleeves.  Many people use paper towel instead.  I buy napkins and DH never uses one.  He grabs a paper towel.  I just commented the other day that when the napkins are gone, I'm not buying them anymore. LOL

 

Some of these I think it depends on where you live and what you do.  there is no way in my city you can not have a vehicle. We don't have public transportation and it's not a walking city. 

Honored Contributor
Posts: 9,733
Registered: ‎03-09-2010

Re: 25 Things Millennials Aren’t Spending Their Money On


@Sooner wrote:

They live downtown and walk to work and eat out every meal or they live at home and mommy buys it for them.

 

They don't do laundry either.  Etc.  Somebody takes care of them.


Not the ones I know or work with (or helped raise).  

Respected Contributor
Posts: 4,002
Registered: ‎03-09-2010

Re: 25 Things Millennials Aren’t Spending Their Money On

[ Edited ]

@NicksmomESQ 

 

He uses way more of the items than I do at age 73.

 

I can check off about 4 of the items on the list that I use.  We do have one car that we share.  I buy an occassional lottery ticket and someone else mentioned checks, I have a check book somewhere but I'd have to look for it if I ever needed it.  That's about it for me. Oh I do eat meat.

Honored Contributor
Posts: 13,298
Registered: ‎11-16-2014

Re: 25 Things Millennials Aren’t Spending Their Money On

[ Edited ]

@Sooner wrote:

They live downtown and walk to work and eat out every meal or they live at home and mommy buys it for them.

 

They don't do laundry either.  Etc.  Somebody takes care of them.


My millennial son lives where our last President lived in his younger years. He takes the subway to work. He doesn't need a car and yes, he does eat out a lot. He wouldn't set foot in a fast food joint because he is well employed and can afford to eat anywhere he chooses. He sends out all of his laundry and has a housekeeper and he has never asked me for a cent. Scholarships paid for his under-grad and law school at NYU was made up of his working part time and scholarships.

 

In response to "someone always takes care of them?" I taught my son to be self-sufficient and I don't believe in blanket statements about any group of people, millennials included.

Honored Contributor
Posts: 74,110
Registered: ‎03-10-2010

Re: 25 Things Millennials Aren’t Spending Their Money On

I'm surprised jewelry isn't on the list as they don't seem to be buying much.  As for diamond wedding jewelry, from what I've seen of the young QVC hosts and vendors, they're very into it, and the bigger the better.

New Mexico☀️Land Of Enchantment
Honored Contributor
Posts: 33,580
Registered: ‎03-10-2010

Re: 25 Things Millennials Aren’t Spending Their Money On


@Trinity11 wrote:

@Sooner wrote:

They live downtown and walk to work and eat out every meal or they live at home and mommy buys it for them.

 

They don't do laundry either.  Etc.  Somebody takes care of them.


My millenial son lives where our last President lived in his younger years. He takes the subway to work. He doesn't need a car and yes, he does eat out a lot. He wouldn't set foot in a fast food joint because he is well employed and can afford to eat anywhere he chooses. He sends out all of his laundry and has a housekeeper and he has never asked me for a cent. Scholarships paid for his under-grad and law school at NYU was made up of his working part time and scholarships.

 

In response to "someone always takes care of them?" I taught my son to be self-efficient and I don't believe in blanket statements about any group of people, millenials included.


But this can be said for a lot of people, also depending on where you live.

 

I have a friend who would be considered a baby boomer. She lives in NYC, rents a gorgeous apartment, doesn't own a car, takes Uber everyday to work, either goes out to eat or gets her food delivered every single night of the week and has a laundry service that does all of her clothing.  I wouldn't know when the last time is that she set foot in a fast food restaurant but I bet it has been decades.  

 

Many of my friends have kids who live in large cities and pretty much live the same lifestyle and then there are others who live in the suburbs with kids, drive their car to work everyday, come home and cook meals, etc.  

 

This entire list is just a blanket list.

Respected Contributor
Posts: 3,152
Registered: ‎02-05-2018

Re: 25 Things Millennials Aren’t Spending Their Money On


@handygal2 wrote:

I found this interesting. The spending habits of Millennials will adversely  affect the future of many industries. Here’s a list of items that this new generation are not interested in: (from Tilty.com)

 

 1. Mayonnaise

 2. Domestic beers

 3. Lottery tickets

 4. Irons

 5. Fabric softener

 6. Gym memberships 

 7. Diamond engagement/wedding rings

 8. Movie theater tickets

 9. Warehouse club memberships, eg. Costco

10. Cereals

11. McDonalds, Burger King, etc.

12. Meat

13. Doorbells

14. Napkins

15. Automobiles

16. Milk

17. Postcards

18. Stocks

19. Cruises

20. Hotels

21. Cable TV

22. Landline phones

23. High heels

24. Suits

25. Houses


I'm Gen X and I don't spend money on most of those things, either. 

Honored Contributor
Posts: 13,298
Registered: ‎11-16-2014

Re: 25 Things Millennials Aren’t Spending Their Money On


@Lipstickdiva wrote:

@Trinity11 wrote:

@Sooner wrote:

They live downtown and walk to work and eat out every meal or they live at home and mommy buys it for them.

 

They don't do laundry either.  Etc.  Somebody takes care of them.


My millenial son lives where our last President lived in his younger years. He takes the subway to work. He doesn't need a car and yes, he does eat out a lot. He wouldn't set foot in a fast food joint because he is well employed and can afford to eat anywhere he chooses. He sends out all of his laundry and has a housekeeper and he has never asked me for a cent. Scholarships paid for his under-grad and law school at NYU was made up of his working part time and scholarships.

 

In response to "someone always takes care of them?" I taught my son to be self-efficient and I don't believe in blanket statements about any group of people, millenials included.


But this can be said for a lot of people, also depending on where you live.

 

I have a friend who would be considered a baby boomer. She lives in NYC, rents a gorgeous apartment, doesn't own a car, takes Uber everyday to work, either goes out to eat or gets her food delivered every single night of the week and has a laundry service that does all of her clothing.  I wouldn't know when the last time is that she set foot in a fast food restaurant but I bet it has been decades.  

 

Many of my friends have kids who live in large cities and pretty much live the same lifestyle and then there are others who live in the suburbs with kids, drive their car to work everyday, come home and cook meals, etc.  

 

This entire list is just a blanket list.


Yes and that is why I clarified that I don't believe in blanket statements of people, millennials included @Lipstickdiva 

Trusted Contributor
Posts: 1,471
Registered: ‎10-10-2019

Re: 25 Things Millennials Aren’t Spending Their Money On

 

It always intrigues me when I see a list that generalizes different subjects. I always wonder where the survey was done, how many were asked or observed, income range, etc. Millennials do not seem to be avoiding my McDonald's. My town has five (5) McDonald's and they are always busy. The younger people in the McDonald's order the usual food but instead of a soft drink they order a frappa with extras. Surveys change constantly and this one will also. Next year it will say something different.

TOP