Ending Soon! Save 33% on All Access

How Millennials Spend Their Money to Make Statements (Infographic) From diamond jewelry to charity donations, millennials go above and beyond to express themselves.

By Rose Leadem

Opinions expressed by Entrepreneur contributors are their own.

sanjeri | Getty Images

Whether you're wearing a certain brand, building a house or even paying for a monthly gym membership, you're making a statement. Everyone makes statements -- it's how we spend our money and how we express and define ourselves.

Today, more than any other group, millennials are leading the trend in statement-making.

This highly image-conscious group is known for dropping big bucks on everything from designers to academics to charity causes. In fact, there is a variety of ways millennials -- and people in general -- are making statements. Today, 40 percent of millennials have tattoos. Millennials donate on average $481 to charities every year. Millennials even spent $26 billion on diamond jewelry in 2015.

Take a look at Busy Beaver's infographic "How Millennials Make Statements" below to learn more.

Rose Leadem is a freelance writer for Entrepreneur.com. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Business News

More People Are Exploring Entrepreneurship Because of This Unexpected Reason

More new business applications were filed in 2023 than in any other year so far.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Leadership

8 Subtle Hints that People Don't Respect You — and How to Fix Them

While you have to earn respect, you don't have to deal with disrespect in the meantime.