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44% of Young Adults Skip Events Due to Costs

8/18/2025

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Story summary
  • A study by Ally Bank shows 44% of Millennials and Gen Z avoid social events due to costs.
  • Nearly 25% worry about losing friendships because of financial limitations.
  • Despite these concerns, 32% still socialize at bars or restaurants weekly.
  • Popular activities include dining out (72%) and outdoor gatherings (56%).