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How Millennials Are Spending Their Money During COVID-19

Video Credit: Wochit - Duration: 00:32s - Published
How Millennials Are Spending Their Money During COVID-19

How Millennials Are Spending Their Money During COVID-19

According to Business Insider, millennials are changing their spending habits more than any other generation amid the COVID-19 pandemic.

Here are a few ways they are doing it: 1.

Many millennials are using their stimulus checks on housing, investments, and student-loan debt.

2.

They are taking advantage of lower stock prices.

They are more likely than boomers to contribute more money to stock investments.

3.

30% said they are grocery shopping more online, compared to 21% of people across all age ranges.

4.

They are preparing more meals at home, and are consuming more fresh and organic food.


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