Most millennials, struggling with bills, simply can’t afford vacations, observes Grumpy Editor after noting findings of a recent Deloitte study.
The study finds allocating more money toward vacations may not be possible for millennials when they are facing large expenses.
Millennials are mired in student loan debt, saving for down payments on mortgages while working to increase salaries. This combination of factors contributes to millennials’ struggle to afford vacations.
And millennials are not happy about it: 74% of them wish they could save more money to spend on vacations.
Millennials, points out Deloitte, also are the least likely generation to fund vacations by using credit cards.
Compare that to nearly 28% of those in the 54 to 72 age range, otherwise known as baby boomers, who are more likely to use credit cards as the primary source of vacation funding.
IN CASE YOUR FAVORITE NEWS OUTLETS MISSED THESE…
BLACK BEAR VISITS LADIES ROOM. Guests at the Buck's T-4 Lodge in Big Sky, Mont. are startled to see a young black bear hanging out on the counter in the ladies room.
BUSY ON SUNDAY MORNING TALK SHOWS. Secretary of State Mike Pompeo yesterday appears on ABC’s “This Week,” NBC’s “Meet the Press,” CBS’ “Face the Nation,” CNN’s “State of the Union” and Fox News Sunday.
DORIAN THREATENED ALABAMA, SAYS NOAA. In a Sept. 6 statement, the National Oceanic and Atmospheric Administration (NOAA), which oversees the National Weather Service, says Alabama indeed was threatened by Hurricane Dorian at the time President Donald Trump tweeted Alabama would “most likely be hit (much) harder than anticipated,” reports the Washington Post.
PITTSBURGH POST-GAZETTE DONATES PULITZER WINNINGS. The Pittsburgh Post-Gazette donates its $15,000 Pulitzer Prize winnings to the Tree of Life – Or L’Simcha Congregation, where 11 people were shot and killed last October in the deadliest attack against the Jewish community in U.S. history.
FAVORITE "CHILD" IS A PET. In a survey of 2,000 American pet-owning adults, 34% say their pet is their favorite “child” and a fifth of those pet-owning parents admit to buying gifts for their furry companions more recently than gifts for their own kids.
MOST IN SURVEY SAY REPORTERS DESERVE SCRUTINY. The latest Rasmussen Reports national survey finds 61% of likely U.S. voters think reporters at major news organizations like CNN, Fox News and the New York Times are public figures who deserve the same level of scrutiny as the people they cover.
SISTERS REACH GENERAL RANK. Maj. Gen. Maria Barrett and younger sister Brig. Gen. Paula Lodi are the first sisters to attain general’s rank in the service's 244-year history, the Army believes.
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