When answering this question, you can talk about the main spending habits of young people today. For example, many young people spend a lot of money on technology and gadgets, like smartphones and laptops. Fashion and clothing are also popular, as young people often want to keep up with trends. Besides that, entertainment, such as going out with friends, movies, concerts, and eating out, takes up a big part of their budget. You can also mention online shopping and travel, which are becoming more common among young people. Giving examples or comparing with older generations can make your answer stronger.