_____ spend considerable amount of their income on mortgages, home furnishings, and renovations. The remaining disposable income is spent on family purchases such as toys, pets, playground equipment, and large recreational items such as boats and four-wheelers.
A) Empty Nesters
B) Generation X
C) Younger Boomers
D) Older Boomers

Question

Quizplus · Accepted Answer

Younger Boomers, typically in their late 40s to early 60s, are likely to be in a stage of life where they are still paying off mortgages and investing in home-related expenses, while also spending on family-oriented purchases.

_____ Spend Considerable Amount of Their Income on Mortgages, Home