Cars are passé – when it comes to spending money, Millennials will spend the most on sports apparel and homes, according to an infographic by Goldman Sachs.
The financial giant found that 93 percent of Millennials want to own a home in the future, and though household formation is being put off, 70 percent want to have a family one day.
Consequently, 70 percent of Millennial respondents said that they considered purchasing a home to be “extremely important.
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