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Millennials Struggling to Save Money

by Courtney L. Vien | Mar 24, 2016   ()

Millennials want to save more money, but low salaries, high living expenses, and poor financial habits get in their way, a new AICPA survey found. Over a third of Millennials (34%) said that saving money was their top priority for the year—more than chose leading a healthy lifestyle (20%) or losing weight (14%). Yet Millennials’ spending habits may be one reason they struggle to reach their financial goals: 65% of the young adults surveyed said impulse shopping got in the way of saving. Read More

Source: Journal of Accountancy

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