16 to 24-Year-Olds Spend More On Food Than Any Other Age Group
People 16 to 24 years old are riddled with the more student debt than ever before, yet are also the age group that spends the most money on food. But, how are they spending the most money when, statistically, they are the age group that is making the least amount of money? Why is it that these people spend so much money on food? Research has shown that this is due to their lack of cooking knowledge. Most people of this generation only know four recipes from scratch, while the typical adult knows six. They are just not well versed with cooking knowledge. This forces them to eat out more often, therefore they spend more money. Cooking is an art that many people have drifted away from. But, it is such an important life skill, and a skill that will save you a lot of money.
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They are the generation saddled with more student debt than ever before, yet 16 to 24-year-olds are spending more on food than any other age group because they know so little about cooking, research reveals.
Young people shell out more money than any other age group on food – an average of £63.65 a week compared with a typical spend for all adults of £57.30, polling for the BBC’s Good Food magazine shows.
A lot of this cost comes from eating out and takeaways. Despite earning the least, they spend £19.61 on takeaways on average, compared with the adult average of £11.31 and £3.20 for over-65s. Young people also spend an average of £28.26 eating in cafés and restaurants, while the typical spend among all adults is £17.22.
The problem seems to stem from a lack of cooking knowledge. The average 16 to 24-year-old knows how to cook only four recipes from scratch, compared with an overall adult average of six.
Children’s food campaigner Henry Dimbleby, who co-founded the natural fast-food chain Leon, said the results were “depressing”. “We’ve got two generations now where primary cooking skills have been lost,” he explained. “Learning to cook is so important. It’s very expensive if you don’t learn to feed yourself but it can also be a one-way ticket to a life plagued by diabetes and obesity.”
Read the full article here.
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