Published at Tuesday, February 26th, 2019 - 15:33:24 PM. Cycling. By Olympia Gros.
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.
Next you need to pick a bike that fits your budget and riding style. Are you going to log casual miles on the weekends? Do you want to use your bike for exercise? Are you planning on eventually doing long-distance rides like centuries or racing? Road bike frames have specific geometries and components, tailored for each of these goals at every price point.
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