Published at Tuesday, February 26th, 2019 - 05:45:12 AM. Cycling. By Leona Thibault.
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.
As riders get older, they do need a little bit more rest. But it is very individual. You get some 55-year-olds who will happily ride five or six times a week, and you might get a 40-year-old who just feels they need that rest. As a general rule of thumb, the need for rest days does slightly increase as you get older.
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