Published at Saturday, February 23rd, 2019 - 13:41:50 PM. Cycling. By Sydnee Rolland.
Every once in a while you put in a good show when out on the tyres – maybe a Strava top ten or taking the win in an unofficial bunch sprint – which leaves your road-mates grasping for an excuse about their own performance. When you’re a whippersnapper, there’s one excuse that trumps all – youth. Older riders will always be keen to remind you of your fresh legs and lack of greys when it comes to a decent performance – you’re never fitter, you’re just younger.
Collectors spend the most money on their hobbies (£3,328), but cyclists are most serious about having the latest fashionable gear with over half (51 per cent) admitting it was important that they had the most up-to-date technology or equipment. On average, millennials have spent £2,533 on their hobbies so far, while retirees have spent £2,092. Over two-thirds (37 per cent) of millennials surveyed said they were likely to upgrade their kit, equipment and invest in the latest technology every year, versus just 15 per cent of 45 – 54s or seven per cent of retirees (65+). 14 per cent of millennials estimate they have spent more than £5,000 on their hobby equipment during their lifetime so far.
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