New Year’s Resolutions: Gen Z And Millennials Get Smart About Saving
PASADENA, Calif./ Dec. 6, 2018 (STL.News)
A new survey is upending common perceptions that younger people can be less focused on saving for the future.
According to CIT Bank’s new 2018 Holiday Savings Survey1, more than half of Gen Z and Millennial U.S. consumers will prioritize savings as a New Year’s resolution, compared to only about a third of Gen X and Boomer generations.2
“Gen Z and Millennial generations are demonstrating how much they value preparing financially for future priorities,” said Ravi Kumar, head of Internet Banking at CIT Bank.