A lot more young people in the US are not spending as much as this group used to (a good thing for them!) See this article in the Los Angeles Times by Emily Alpert:
http://articles.latimes.com/2013/may/18/local/la-me-credit-cards-millennials-20130519
Being wise with your money and not over-spending will help them in the future since they will need to think about retirement and other items for children and other future goals.
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