Published at Friday, March 29th, 2019 - 13:31:03 PM. Cycling. By Adrianna Jean.
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.
If all of that feels too restrictive, and you’ve got an appetite for more, then doubling up is an option – with two bike rides a day, or a bike session and time in the gym come the evening. Double days are fantastic, because you get two releases of endorphins and testosterone. It means you can get two hits in one day.
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