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TLDR; Education expenses have climbed 65 percent in the past decade. Food costs have jumped 26 percent, health care is up 21 percent, housing jumped 16 percent
by sytelus 7y ago
TLDR; Education expenses have climbed 65 percent in the past decade. Food costs have jumped 26 percent, health care is up 21 percent, housing jumped 16 percent and transportation rose 11 percent. And there are now expenses that most consumers didn’t have to account for 20 years ago, including smartphones and data plans.
Better link: https://www.washingtonpost.com/business/2019/05/31/millennials-have-an-average-net-worth-thats-significantly-less-than-previous-generations/ https://www.washingtonpost.com/business/2019/05/31/millennia...
- isostatic 7y agoSmart phone rubbish again. Kids today don’t need to pay for a landline. Or cable. Or cigarettes