Sunday, June 22, 2008

The Wealthy Plan to Spend Even More in 2008 on Unique Learning Experiences


The wealthy seek unique experiences, such as a vacation, a class or an event with prominent cultural leaders, according to a new study by American Express of their U.K. Centurion card holders (i.e. the super-rich).

The study found that 46% of the wealthy plan to spend more in 2008 on new learning experiences. That exceeded planned spending on technology products, home furnishings, charities and fashion.

Culinary luxury is a top sub-sector of the new experience economy: 85% plan to travel abroad for a memorable meal.

Source: Wall Street Journal Wealth Report

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