Headlines lately suggest groceries are the new splurge trend for Gen Z and Millennials. But like other claims about Gen Z splurging on luxury goods, the idea that they’re splurging on groceries is not simply because they’re being irresponsible with money. Amidst the ripple effects of inflation, Gen Z is redefining their spending priorities. Notably, the surge in grocery and even casual takeout food prices are reshaping their spending patterns. To them, a splurge isn’t always a bad thing—whether it’s a car, vacation, or a good dinner, the joy it brings makes it worth it to young consumers. TheStreet recently...
3/13/24
Finance / Spending Monitor Report
Gen Z and Millennials are cutting back their spending because of inflation, but these gens want t...
Read the report
