RAB Research Archive

Millennials and Gen Z are spending a lot of money because of social media



Americans’ spending was fueled by what they see their friends doing, especially on social media, the 2019 Charles Schwab Modern Wealth Survey revealed. Fifty-seven percent paid close attention to how their friends spent their money.

Source: Ladders



View or Download: https://www.theladders.com/career-advice/millennials-and-gen-z-spend-money-based-on-what-their-friends-are-doing-on-social-media

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