Our social status can be seen in the clothes we wear, the cars we drive, and, as one new survey points out, it can also be heard by the music we prefer. The survey of 1,500 Millennials, ages 21 to 37, by TD Ameritrade, found that classical music listeners were the most likely to feel financially secure out of all the music genre lovers.
Classical music lovers feel the most financially secure
Classical music is known for attracting older, well-educated audiences. This survey found that among younger classical fans, they felt well-versed in financial knowledge.
Almost two-thirds of classical lovers surveyed said they were financially secure, compared to 59% of electronic music listeners, and 40% of 80’s/90’s listeners. Hard rock, rap, and country music listeners reported feeling the least financially secure. Classical lovers were also the most likely to say they invested in the stock market, while country music listeners were the least likely to say the same.
Millennials who listened to classical music rated their financial education as the highest out of any music group. Classical music listeners also needed the most income to feel happy at $171,000, while country music listeners needed the least income to feel happy at $58,000.
The findings suggest that Millennials who love classical music also know the most about money: having it and knowing how to get more of it. If you want to be seen as someone who has their finances in order, you may want to turn up the Bach.