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Boomers should audit their nonessential spending habits to find ways to cut costs

GOBankingRates
Summary
Nutrition label

71% Informative

A recent Credit Karma study asked Americans of all ages to share the top nonessential items and services that they consider to be necessities.

Among boomers, the top choices were streaming services like Netflix and Hulu ( 29% ), travel ( 23% ), dining out ( 23% ) and skin care and beauty products ( 22% ) Boomers tend to be responsible spenders, according to the study.

VR Score

68

Informative language

67

Neutral language

63

Article tone

informal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

10

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