September 18, 2019

Why Millennials Waste So Much Money on Food

“When Leslie Hacker began taking a closer look at her finances recently, she noticed she was spending about $1,000 on food each month.

“It seems like a lot, but when I did the math, that’s about 35 dollars a day, which doesn’t seem that crazy anymore to be honest,” she says.

Eating out, ordering in. Throw in a bagel here, a coffee there, and it all adds up.

“It’s definitely a challenge for people my age to save on food.”

At 28, Hacker is a millennial, defined as anyone born between 1980 and 2000. Saving money is a problem for her generation and experts say a big reason is how much millennials spend on eating out and ordering in.

Hacker works in social media marketing, which makes it even harder, she says, to save on food.

“All day I’m seeing these food pictures online and I’m like, ‘I want to try this and I want to try that!'” she tells CBC Toronto.”

Read more

JJ Editor's Picks

"Congratulations, Mr. President. It took an extraordinary effort, but you finally managed to spark a serious global crisis. I know you don’t like to share credit, but don’t worry. The current mess in the Middle East centered around Iran is all..."

"We’re approaching the anniversary of one of the nastiest political battles it has been my misfortune to witness—the confirmation of Brett Kavanaugh to the Supreme Court despite credible accusations of sexual harassment and assault and his..."

"There are few one-offs in life on Earth—rarely can a single species boast a trait or ability that no other possesses. But human language is one such oddity. Our ability to use subtle combinations of sounds produced by our vocal cords to create..."

"He walked through the coffee shop door and scanned the crowd. A familiar smile bloomed as he recognized me, despite how my appearance had changed over the years. I’m bald and bearded now, and heavier. I wear an extra decade on my face, and I’m..."

"The poverty rate in the United States fell to 11.8 percent in 2018, according to data released last week by the Census Bureau — the lowest it’s been since 2001. But this estimate significantly understates the extent of economic deprivation in..."

"Streaming is the future of TV. But for now a big part of the streaming business revolves around old TV shows. Latest case in point: Netflix is paying a lot of money for the rights to show Seinfeld to its 150 million subscribers around the world..."

"On the eve of the second Israeli election of 2019, there is no shortage of apocalyptic rhetoric about the potential consequences of Prime Minister Benjamin Netanyahu’s re-election. From the New York Times' editorial column to The Forward’s..."

"Is there a backlash toward the technology industry in the culture? I tend to think so, having written about its various twists and turns most weekdays for the past couple years now. But sometimes an obsession with a beat can lead to myopia, and..."