Better Money Habits® Millennial Report
Today's young adults are rising in the ranks at work, getting married and having kids. They play a significant role in shaping our nation's economic landscape. That's why we've taken a pulse on millennials' (ages 23-37) money mindset for each of the last four years. Here's the latest from the report:
Our Winter 2018 report found:
- One in four millennials worry often about their finances, citing not having enough money saved as the top stressor.
- 73% of millennials say their generation overspends, and 64% believe that their generation is bad at managing money.
- But in reality, millennials are saving (63 percent); the majority of millennials who have a savings goal meet it (67 percent).
For complete findings, download the winter 2018 report
Millennials are solid savers and budgeters
of millennials who have a savings goal stick to it every month or most months
of millennials who have a budget, stick to it every month or most months
of millennials have $15,000 or more in savings
of millennials have $100,000 or more in savings