Sunday, December 9, 2018

Millennials Are Better at Saving Than You May Think

Millennials Are Better at Saving Than You May Think: Millennials have become the generation that older age groups mock. It's a generation stereotyped as not being willing to work happy, happy to waste money on avocado toast, and used to getting at least a ribbon -- if not a trophy -- just for showing up.

Those traits generally don't make people think "fiscal responsibility", so it would be reasonable to think that Millennials aren't saving for their future. Of course, the stereotypes above aren't universal (or even necessarily common), and a new study from YCharts, The Millennial Saving & Investing Habits survey, shows that peoples ages 22-37 aren't the entitled, irresponsible people they're often portrayed as.

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