Millennials are spending more on coffee than savings

A recent survey by SurveyMonkey has shown that Millennials are spending more on coffee than retirement funds.

The survey titled “Money Matters” has highlighted the extremes of millennial spending with 44% of 18-35 year olds saying they spent more on their morning fix than on savings. With Coffee shops overflowing our highstreets spending has become easy and part of our daily lives.

According to The British Coffee Association, Coffee is the most popular drink worldwide with around two billion cups consumed every day. With so much variety ranging from latte, cappuccino, macchiato, mocha, and Americano is it any surprise they can’t resist the temptation?

Bournemouth University students reveal whether they spend more money on coffee than saving.