It is apparent these days that millennial spending power is rising. There are major differences between generations before, and these become apparent in the infographic explaining how millennials spend their time and money.
Without a doubt, a lot of this information will come as no surprise. With the presence of social media and the abundance of information online, it makes sense that millennials are continuously on the web searching for everything and anything. Millennials represent 30% of the Canadian population and will make up about 75% of the workforce within the next 15 years. Millennials enjoy entertainment and immerse themselves in luxurious spending.
Millennial spending power is rising, but we will have to wait and see what the future holds.