this post was submitted on 30 Nov 2024
212 points (88.7% liked)
Technology
60055 readers
3456 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The average American spent just over $60,000 a year in 2021, but spending habits vary significantly between age groups. Those born from 1965 to 1980 – spent the most money last year, with average expenditure of $83,357.
https://www.weforum.org/stories/2022/10/americans-spend-their-money-by-generation/
Which is why old people are the only ones with money.
They've paid off their houses. They've paid off their cars. Their income is higher, but their living expenses are lower, so their savings and investments are higher. They ultimately hold the notes on everyone else's home loans and car loans.
Old people are the only ones with the disposable income accessible to advertisers. Old people are the only ones with money.
i was stuck having to watch traditional cable television over the holiday with the family, and jfc are there a lot of medication commercials spewed out of that thing.