Nothing like a good Bull trap to keep the party goin
From the article "While total spending peaks around age 50, consumption for individual categories peaks at different ages. These differences tell the story of how consumer priorities shift over their lifetimeโstarting families and buying homes in their 30s, traveling and dining out in their 50s, and healthcare needs later in life. These patterns apply to all consumers, affluent and non-affluent alike."
If you're interested in this, you can find the full report at
.pdf
#economics