London [United Kingdom] Mar 17 (ANI): Entering into your 30's is bidding goodbye to your youthful days by welcoming a whole lot of responsibilities and spending. Just when you started feeling that life couldn't get more expensive, we have some bad news for the millennial generation.
According to a recent survey, there is one year in your life when you are like to spend the most money - when you turn 31.
No longer really considered a young adult, 31 is typically considered a solidly adult age, which makes sense when you consider just how much money you'll have to spend.
31-year-olds don't just blow their savings for the fun of it. Their year is filled with expensive special occasions that require a significant expenditure.
The biggest expense at this age is undoubtedly, getting married.
Unfortunately, buying a house wasn't far behind - with 25 per cent considering this to be the biggest expense.
Babies are also pretty expensive endeavors, a fact 20 per cent of those surveyed agreed with.
Also, we all want to treat our loved one to a vacation after all the money pressure, 14 per cent said going on a honeymoon was the biggest expense of the year.
The good news is you'll likely have your parents to lessen the burden, as 33 per cent of 25 to 34-year-olds revealed they still receive financial help from their parents. (ANI)