According to a new report from Charles Schwab, millennials spend more than other generations on comforts and conveniences like taxis, pricey coffee and dining out.

Sixty percent of millennials admit to spending more than $4 on coffee, 79 percent will splurge to eat at the hot restaurant in town and 69 percent buy clothes they don’t necessarily need.

College kids spend $27 billion on things deemed to be “non-essential items.” According to the study, students ages 18-24 spend $5 billion each year on clothes and shoes, and $5.5 billion on alcohol. They spent another $2.4 billion on entertainment, which includes things like music, DVD and on-demand movie rentals, and video games.

More than possibly any other generation, this is a group that relies on word of mouth — even if it’s from strangers. Online reviews are a hot commodity when considering a purchase. They’ll pay for experience over material.

Millennials are more likely to pay for events or memories — like concert tickets, bar tabs or road trips — than they are for tangible items.

The ConsumerReports.com has offered three suggestions to college students on managing their money.

1. Know your cash flow.

People who budget typically do it monthly, but it makes more sense for students to build a spending plan around each academic period.

2. Track your spending.

Next, figure out what you spend in a typical month. Look at your debit card, bank account, and credit cards over the last few months to see where your money is going and what big-ticket items popped up. Once you see what you’ve been spending money on, you may be surprised at how much is on nonessentials.

3. Identify your needs and wants.

Now comes the hard part: Categorizing your spending into two buckets, needs vs. wants. Needs are staples like clothing, housing, school gear, food, and transportation. Wants: concert tickets, your second soy latte of the day, beer, and that spring break plane ticket.

Words to Learn 相关词汇

【千禧一代】Qiān xǐ yīdài millennial (often initial capital letter) noting or relating to the generation born in the 1980s or 1990s, especially in the U.S.

【有形的】Yǒuxíng de tangible (of an asset) having actual physical existence, as real estate or chattels, and therefore capable of being assigned a value in monetary terms.

根据一份来自查尔斯施瓦布公司的研究报告，千禧一代与他们的父辈相比，更容易在个人舒适和便利方面进行消费，比如计程车、高级咖啡以及“下馆子”。

60%的年轻受访者表示他们会购买超过4美元一杯的咖啡，79%的受访者表示会去“网红餐厅”打卡吃饭，还有69%的受访者表示他们会购买一些其实并不是很必要的衣服。

学生们在被认为在“非必要物品”的东西上花费了270亿美元。比如18岁至24岁的学生每年在衣服和鞋子上的花费为50亿美元，在酒精饮料上的支出为55亿美元。在娱乐方面花费了24亿美元，其中包括音乐、DVD和点播电影租赁以及电子游戏等。

比任何其他一代人都更重要的是，这是一个严重依赖口碑的群体——即使是来自陌生人的评论。来自其他购买者的评价在购买时是一个重要的参考因素。他们将更倾向为经验而不是实物买单。

与有形物品相比，千禧一代更有可能为活动或记忆买单，比如音乐会门票、酒吧账单或公路旅行。

ConsumerReports.com官网给大学生提出了花钱建议。

一、预算通常是按月做的，但学生在每个学期前后制定支出计划更有意义。首先，需要计算一下你在这学期里能支配的所有钱，数字不一定需要很精确。

二、接下来，记录下你在一个典型的月份里花了多少钱。看看你的借记卡、银行账户和信用卡，看看你的钱去了哪里。一旦你看到你的账目记录，你可能会惊讶于有多少钱花在了非必需品上。

三、把你的支出分为两个部分：需要的和想要的。需要的可以包括服装、住宿、学习用品、食品和交通等。想要的可以是：音乐会门票, 你当天的第二杯大豆拿铁，啤酒，还有在春假期间的机票。

(Chinadaily.com.cn)