According to a Bankrate survey, 30% of Americans are willing to take on debt for discretionary purchases such as travel, live entertainment, or dining out. The survey also highlighted that younger generations are the most willing to take on debt to have some fun.
Bankrate Senior Industry Analyst Ted Rossman joins Wealth! to explain Americans’ spending patterns and tips for limiting summer spending.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
#genz #creditcard #yahoofinance
