This is the Ramsey Call of the Day, part of the Ramsey Network.

So this article...

Oh, man.

Dave, when I saw this article, I said, okay, okay.

I got to show this to Dave. I read it. It says nearly half of

young adults in the U.S. are living at home with their parents. And all that saved money on rent

is fueling a luxury boom. It says a record number of young adults in the U.S. are currently

living at home and all that saved money is

sparking a luxury boom. That's unbelievable to me because if you read down in the article it says

48% of these young adults are living with their parents. This is 20 this is in 2022. So this is not like from 2020,

right? We know that people kind of hold up together because of the pandemic in 2020,

but it's still taking place. And it says that it's because they have all this extra money.

And instead of paying off, I don't know, they're debt.

This is a historical high since the Great Depression.

Yeah. These numbers have not been seen since the Great Depression.

48%.

So let me get this straight.

You live in your mama's basement, but you got a coach purse.

You got a coach purse.

And these companies that are, you know, they make Tiffany and Dior and Hennessy and all these

luxury brands, they saw a 20% spike above and they're

attributing it to this. From baby children. From baby children. And at first, Dave, I'll be

...