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(Infographic) How Millennials Spend Their Money to Make Statements

From diamond jewelry to charity donations, millennials go above and beyond to express themselves
By Rose Leadem |


 

Whether you’re wearing a certain brand, building a house or even paying for a monthly gym membership, you’re making a statement. Everyone makes statements -- it’s how we spend our money and how we express and define ourselves.

 

Today, more than any other group, millennials are leading the trend in statement-making.

 

This highly image-conscious group is known for dropping big bucks on everything from designers to academics to charity causes. In fact, there is a variety of ways millennials -- and people in general -- are making statements. Today, 40 percent of millennials have tattoos. Millennials donate on average $481 to charities every year. Millennials even spent $26 billion on diamond jewelry in 2015.

 


 

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This article originally appeared on Entrepreneur.com. Minor edits have been done by the Entrepreneur.com.ph editors

 

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