By  on February 1, 2018

Millennials are deal-hungry and stressed about their finances. According to new research released by Bank of America, the demographic is heavily concerned about finances, leading to conservative spending and heightened saving goals compared to older generations.

“Young adults deserve more credit — from others and themselves — for the way they are handling their finances,” said Andrew Plepler, global head of environmental, social and governance at Bank of America. “They’re on par with or even better than older generations, which defies common stereotypes. As they continue to take on more financial responsibility and set new goals, Better Money Habits offers them resources and tools, like our spending and budgeting tool, to achieve them.”

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