Fake rich? Affluent millennials are more likely to exaggerate to appear wealthy. Here's what experts say they should do instead
www.cnbc.com
Inflation has prompted even wealthy Americans to curb their spending habits. But affluent millennials still feel pressured to show they're successful.
  • givesomefucks@lemmy.worldEnglish
    11·
    1 year ago

    Yet affluent millennials — with $250,000 to more than $1 million in investable assets — are going to great lengths to appear wealthy.

    Wells Fargo found 29% of affluent millennials admit they sometimes buy items they cannot afford to impress others.

    There’s not many of them, and this isn’t the majority of them…

    But yeah, this has always happened.

    Young wealthy people want to seem like they’re insanely wealthy.