According to the latest consumer expenditure report from the U.S. Bureau of Labor Statistics, young adults are actually spending less than older generations, but what are they spending money on? Plus, Anthony ONeal, author of "The Graduate Survival Guide: 5 Mistakes You Can't Afford to Make in College," advises all college students to only use cash and a debit card. And, is following celebs on social media hurting your bank account? We'll explore the impacts of social media on your personal finances in this episode of Your Cheddar.