+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here's where Americans are spending their extra money

Jun 10, 2016, 22:22 IST

Tech Hub/Flickr

Where do consumers spend their extra money, once they've paid their monthly bills?

Advertisement

Unsurprisingly, the bulk of it is on experiences, according to a recent study from Mintel. (This is something that's generally true for millennials.)

Mintel surveyed 2,000 Internet users age 18 and up to find out exactly where they'd prefer to spend extra cash. Most people surveyed said they'd prefer to spend it on dining out, followed by debt, which shouldn't be too surprising.

But after debt, people said they'd spend extra money on entertainment, vacations, and their families.

Here's the breakdown of what Mintel found:

Advertisement

Business Insider

NOW WATCH: We did a blind taste test of wings from Pizza Hut, Domino's, Papa John's, and Buffalo Wild Wings - the winner was clear

Please enable Javascript to watch this video
Next Article