Survey: 40 percent of millennials overspend to keep up with friends

Tuesday, June 26, 2018
SAN FRANCISCO (KGO) -- Keeping up with the Joneses isn't just a thing of the past. According to a new survey, it's a big trend affecting millennials.

It found that nearly 40 percent of millennials spent money they didn't have to keep up with their peers.
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Bethy Hardeman, chief consumer advocate at Credit Karma, spoke to ABC7 on Tuesday about the key findings of this survey.

Click here to read more about this survey.
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