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Kiplinger
Kiplinger
Business
Donna Fuscaldo

Baby Boomers vs Gen X: Who Spends More?

Mother and daughter shopping .

Gen X likes to spend. Whether it's food, entertainment, health care, or housing, they aren’t holding back. Baby boomers aren’t shy either. They are right behind their younger counterparts, but to a lesser extent.

Gen X is estimated to spend around $83,000 annually, while baby boomers are a little more frugal, spending around $62,000 annually.

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