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

67%

of millennials who have a savings goal stick to it every month or most months

73%

of millennials who have a budget, stick to it every month or most months

47%

of millennials have $15,000 or more in savings

16%

of millennials have $100,000 or more in savings

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