Millennials are spending their money on 3 major categories

Forget clothes and shoes.  We've known that consumers prefer to spend money on technology as opposed to apparel, but Jim Cramer — according to Carl Quintanilla — has stated the three places where they're actually choosing to spend their hard-earned cash:

* Uber
* cell phone
* make-up

Two girls at an outdoor concert sitting on people's shoulders taking a selfie.

This is an excerpt from an article posted on BusinessInsider.com.  For complete article, click here.