When it comes to their wallets, Millennials aren’t saying “YOLO.” A survey of 18-34-year-olds by website GOBankingRates found that a “majority of young adults are prioritizing their finances over their social lives.” Over half of Millennials surveyed would rather experience “FOMO” (fear of missing out) than be “financially strained,” and almost 60% say that if going to an event would put financial strain on their loved ones, it’s not worth it. However, when it comes to their beloved food, Millennials are quicker to say “you only live once:” 55% say they still spend money on food and drinks, even if their funds are low. (PR Newswire)
