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"I never thought about how much I was spending on media. I just took it for granted, and now I realize that it is more than I would have imagined." -- student at Instituto Tecnologico de Monterrey, Mexico

Versión en español

I recently surveyed 22 students in a seminar on how much they spend on media every month. Bottom line, these students at an expensive private university in Mexico are spending the equivalent of about $177 a month on various types of media.

I asked them to include all kinds of media expenses, including those paid for at home by their parents. Many of these expenses were not part of anyone's budget 15 years ago:

• Internet at home and on mobile devices, mobile apps
• Telephone at home, mobile
• Movies at cinemas, on physical media, online, streaming, apps
• Television, on cable, on physical media, streaming, apps

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