Here I've compared the youngest age group (18-25) to the oldest (65+).
The biggest similarities are in shopping (the kids spend $30 more per month) and food & drink (the elders spend $10 more per month). Obviously, different commodities and meals are being purchased by each group, but both like to shop and eat out. Of course, neither group is typically burdened with middle-life financial concerns like providing for children and maintaining large homes.
I'm reading a book called Ritual by Malidoma Patrice Some, which talks about his mystical childhood in the West African nation of Burkina Faso. He describes the sacred relationship between grandfather and grandson: one has recently left the spirit world, and one is preparing to return there. Their mutual proximity to that other life gives them a special bond, while the father lingers in the middle, too preoccupied with the day-to-day business of life to really understand either.
For "YearMonth", Individuals in U.S. between the ages of 18-25 that are All Households who have a household income of All Incomes spent: $201 on Restaurants/Bars/Takeout; $231 on Groceries; $220 on Auto Pmts/Expenses; $155 on Gas; $102 on Home Improvement; $23 on Home Maintenance; $0 on Mortgage; $71 on Phone; $0 on Rent; $97 on Utilities; $126 on Clothing, Shoes & Other Wear; $35 on Electronics; $282 on General Shopping; $33 on Hobbies; $11 on Office Supplies; $26 on Charity; $32 on Healthcare; $99 on Insurance; $43 on Personal Care; $25 on Pets; $138 on School & Child Care; $38 on Cable / Satellite; $24 on Entertainment; $56 on Travel.
This is compared to Individuals in U.S. between the ages of 65 and above that are All Households who have a household income of All Incomes spent: $163 on Restaurants/Bars/Takeout; $279 on Groceries; $197 on Auto Pmts/Expenses; $125 on Gas; $226 on Home Improvement; $50 on Home Maintenance; $0 on Mortgage; $71 on Phone; $0 on Rent; $184 on Utilities; $96 on Clothing, Shoes & Other Wear; $38 on Electronics; $257 on General Shopping; $57 on Hobbies; $9 on Office Supplies; $106 on Charity; $155 on Healthcare; $421 on Insurance; $54 on Personal Care; $32 on Pets; $50 on School & Child Care; $38 on Cable / Satellite; $38 on Entertainment; $118 on Travel.
Bundle requires Flash Player 10 or higher. Please download and install the latest version of Flash Player to get the full experience.
