Teens Are Spending More Money on Food Than Clothes

Study shows that teen spending on food has trumped clothes for the first time ever.

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Those food pics you see all over Instagram are the result of a teen-driven trend that’s actually happening. According to a study by Piper Jaffray—the same people who graphed teen fashion trends since 1997—teens today are spending more money on eating out at shitty restaurants than on buying clothes. This has brought a rise of teens hanging out at food spots rather than at the mall or hitting up stores. Piper Jaffray's study shows that teens visit the mall an average of 29 times a year, down from 38 times per year in 2007.

Among the new places teens like to spend their money on are Starbucks, McDonalds, Olive Garden, and Taco Bell. So in about 30 years, expect the teens of today to be responsible for a spike in heart attacks and adult onset diabetes, as well.

[via Huffington Post]

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