This angle of personal attack is disgusting and yet another reason why I don't follow Kratter. He used to put out helpful content, but for some time has shifted to slop for clicks and views.





From the article "While total spending peaks around age 50, consumption for individual categories peaks at different ages. These differences tell the story of how consumer priorities shift over their lifetime—starting families and buying homes in their 30s, traveling and dining out in their 50s, and healthcare needs later in life. These patterns apply to all consumers, affluent and non-affluent alike."
If you're interested in this, you can find the full report at
https://images.globalclient.visa.com/Web/InovantElqVisaCheckout/%7Bb87b01bd-8689-478b-b89f-ad9938b85350%7D_VBEI-us-economic-insight-affluent-spending-FINAL.pdf
#economics