Financial decisions are influenced by friends’ showy social media feeds
| All | Millennials | Generation Z | |
|---|---|---|---|
| Wonder how friends can afford expensive experiences posted on social media | 60% | 72% | 74% |
| Pay more attention to how their friends spend versus save | 57% | 53% | 61% |
| Spent more money than they can afford to participate in experiences with friends | 35% | 48% | 41% |
| Influenced by social media to spend money on experiences | 34% | 49% | 44% |