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Mon, January 20, 2025

11 Things Gen Z Overspends On That Boomers Would Not Waste Their Money On


Published on 2025-01-20 15:44:10 - YourTango
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  • Catching flights over feelings, Gen Z invests in wanderlust, even if it means whipping out the credit card. Boomers are no strangers to travel, but they're more likely to plan carefully to avoid debt or stick to local trips to save money.

The article from YourTango discusses the generational differences in spending habits between Generation Z and Baby Boomers, highlighting areas where Gen Z tends to overspend according to Boomer standards. Key points include Gen Z's investment in experiences like travel, concerts, and dining out, which Boomers might view as frivolous. Gen Z also spends significantly on technology, including the latest gadgets, apps, and digital services, which Boomers often see as unnecessary or excessive. Fashion and personal appearance, including frequent clothing purchases and beauty treatments, are another area where Gen Z's spending habits differ markedly from the more frugal Boomer approach. Additionally, Gen Z's inclination towards subscription services for everything from entertainment to food delivery contrasts with Boomers' preference for ownership and doing things themselves. The article suggests that while Gen Z values instant gratification and social media presence, Boomers prioritize saving, investing in long-term assets, and experiences that offer lasting value.

Read the Full YourTango Article at:
[ https://www.yourtango.com/self/things-gen-z-overspends-boomers-would-not-waste-money-on ]
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