Katie Hill, Blue Cross Blue Shield Association, Editor discussed on This Morning with Gordon Deal


Visual capitalist that examines American spending data from the bureau of labor statistics shows, what Americans varying education levels, spend their money on Katie hill at market, watch track down how they spent on alcohol. Katie, what are we learning people with less than a high school degrees? Then only at about a hundred dollars a year on booth, by the way, those averages are a bit pulled down because a lot of people don't drink, so that's pulling down these. But again, so the average for less than a high school degree is about one hundred dollars whereas the graduate degrees, nearly a thousand dollars golfing, and these jump up high school degree to seventy six bachelor's degree seven hundred sixty UTD big jumps, as more education comes out numbered. I thought, well, that's interesting. I wonder what, what is going on their drinking away student debt problems, perhaps truly part of its income, they had more to spend, but that's, that's not even. There's plenty of other reasons to which is what I found so fascinating. First of all, more affluent people, they do activities that involve alcohol a lot more like they dine out going on vacation socializing with co workers, a lot of times, I'll gaullists sort of built into these interactions, they tend to have more of which means day end up drinking more. And when you look at Gallup big survey on the topic, you look at you ask people have you had a drink in the last twenty four hours and most about half of people who had made a lot of money and also were well educated and had a drink in twenty four hours and much much fewer people who earned less and less educated had done. So that's for speaking with hill editor at market watch. And she's written a piece entitled bottoms up the real reason. Well, educated, people spend nine times more on booze. How about the type of Bose's does that affect her here? Yeah. Will cost more than beer and well educated? People tend to tend to go for wide whereas less. Well, educated people tend to go for beer, college graduates, who drink forty four percent. Prefer wine over beer. And that's kind of flipped around with done with non college graduates, what they drink different. They spend less, and, you know, frankly, people this is maybe something that apprised me, I figured alcohol consumption, pretty flat across all different levels of education, but fewer people with less than a high school degree drink, and once you're into the bachelor's degree, and they graduate degree a lot of them they drink alcohol. So that that's kind of interesting to that almost might get to the point of. I don't know. You have perhaps extra money to enjoy if it might be considered this a finer thing, totally right? This is an extra thing, right? You don't need it. It's not sued. And so, yeah. I mean you're seeing that, but they're just there are so many reasons but, you know, when I saw that number nine times more, you know, that a lot of money more on. Alcohol. But yeah, there's there's that's all the many, many reasons happening Katie, Katie hill, editor at marketwatch based in New York, thirty minutes. Now after the hour on the sporting, America's First News. Seventy seven percent of rural counties, lack sufficient primary healthcare, Blue Cross Blue shield is working to fill that gap. I placing former military medics and communities improving access for all of America. The Blue Cross Blue shield association is an association of independent, locally operated bluecross blueshield companies for all your vehicle care, you need experience honesty, and integrity,.

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