24 May 2017 1 Min Read
Students have more spending power than most South Africans
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Students spend more money in a month than the average South African, a report titled A Brand Me Generation, Buying Experiences reveals.
Published yesterday by marketing agency Student Village, the report interviewed just over 3200 tertiary students .
The average student spent R32568 last year compared with the average South African, who spent R31215.
Since the start of the year students' spend increased slightly to R2714 from R2702 a year ago.
The research shows that they received 85% of their money from their families, and 29% of them had a credit card.