Study: Twenty-something women spend big on fashion…
October 22nd, 2006 by digerati
Women ages 20-29 spend almost half (48.2 percent) of their disposable income on accessories, fashion and beauty, according to a new study from Jane magazine.
Of that, about 16 percent goes toward purchasing jewelry and watches, the study finds.
many of these women are “children of the affluent baby boomers” and grew up expecting and appreciating luxury goods. 84% said that they had no problem with living beyond their budgets.
We hate to be the ones to break it to Mr. Lamadrid, but an appreciation of quality and style isn’t worth all that much if you are living so far beyond your means that all of your “good taste” gets repossessed when you can’t pay off your debt.
So they’re spending a ton of money and not getting what they want. Good job. I love luxury items too, but pick a few and make sure you really want them. Create an identity and don’t make it “the person who spends $2k a week on purses.”
Xevi Miró-Bruix Says
Hahaha, as my brother use to say to me:
“You shouldnt marry twenty-something girl when you are twenty-something. You should marry a forty-something who pays all your expenses. But when you are forty-something, you shouldnt marry a forty-something woman, marry a twenty-something woman, spend all the money you saved in the last 20 years, and have fun with her”
Oct 26th, 2006 at 4:47 am