It's time to kill the myth that millennials don't buy things
We've been told that millennials don't care about owning things, so it makes sense to think that they might spend less. The latest Consumer Expenditure Survey, which records how Americans spend their income, casts doubt on that assumption. Not only are typical millennials buying a lot, but they're spending their income at a higher average rate than adults between 35 and 44 years of age.
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