Coffee review

Drinking coffee often can lead to the inability to buy a house?

Published: 2024-09-17 Author: World Gafei
Last Updated: 2024/09/17, Why can't millennials afford a house, the Daily Mail reported? The reason, according to a new survey, is that many people help buy things or pay bills to please others, while the other person does not necessarily pay back the money. Earlier, a survey said that young people like to eat avocado toast, so they spent a lot of money, resulting in not enough savings to buy a house. But now, credit card company PayPal

Why can't millennials afford a house, the Daily Mail reported? The reason, according to a new survey, is that many people help buy things or pay bills to please others, while the other person does not necessarily pay back the money.

Earlier, a survey said that young people like to eat avocado toast, so they spent a lot of money, resulting in not enough savings to buy a house. But now a new survey by credit card company PayPal points out that for many years relatives like to drink coffee and buy coffee for others, but others don't necessarily pay back, so more money is wasted. It may not be expensive to buy yourself an A $3.50 cup of coffee every day, but if you accumulate it day by day, it's not a small sum. Moreover, in many cases, young people not only buy coffee for themselves, but may also buy a cup for a friend or colleague, who may not pay back the money.

Nearly half of millennials spend an average of A $400 a year on coffee for others, according to the survey. In addition, it is possible to help peers pay for everything from holidays to drinks to riding in an Uber, which could have been saved to buy a house.

It is understood that about 30% of people in the survey said they paid for others when they had dinner or bought drinks, but the other person would never pay back, while about 16% paid for others when they took an Uber or taxi.

Emily Curlewis, a shopping expert at the company, said that some people often avoid paying, which can lead to friction between friends. The study found that 60% of millennials find excuses not to return money to friends, while 29% of them say they have no cash, 28% say they forgot their money, and 10% say they can't find an ATM to withdraw money.

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