Millennials and Gen Zers are pulling in bigger paychecks, but much of their spending power is fueling short-term purchases like groceries and vacations, not savings.
Sorry to hear that. Where I live (Spain) everyone I know, even workers with no education and very basic jobs, go on holidays with their families at least once a year. The perspective here is that leisure (holidays, weekends at the beach, vacations) are a basic right and I think it should be viewed like this everywhere.
Also, as I explained in another commend the article talks about travel in the same category as dining out, not groceries.
So while vacation is a basic need it’s obviously not as basic as food or rent (which the article doesn’t claim).
Sorry to hear that. Where I live (Spain) everyone I know, even workers with no education and very basic jobs, go on holidays with their families at least once a year. The perspective here is that leisure (holidays, weekends at the beach, vacations) are a basic right and I think it should be viewed like this everywhere.
Also, as I explained in another commend the article talks about travel in the same category as dining out, not groceries.
So while vacation is a basic need it’s obviously not as basic as food or rent (which the article doesn’t claim).