Baby Boomers vs Gen X: Who Spends More?

Gen X likes to spend. Whether it’s food, entertainment, health care, or housing, they aren’t holding back. Baby boomers aren’t shy either. They are right behind their younger counterparts. Gen X spends around $83,000 annually; Baby boomers spend about $62,000.

But that’s where the similarities end between these two generations. What they spend on and why are vastly different.

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