Guess Which Generation Is Best at Keeping Its Savings Resolutions?

Millennials have a bad reputation when it comes to money. The stereotype says they're spending their extra cash on avocado toast, expensive coffee, and other frivolous purchases.

The reality, however, looks a whole lot different. Nearly half of millennials (48%) who made a New Year's resolution to save more money have succeeded in doing so, according to a new CIT Bank survey, conducted by The Harris Poll. Millennials beat out Generation Z (35%), Generation X (33%), and baby boomers (32%) in the survey of just over 2,000 American adults.

Millennials may like their pricey phones and expensive lattes, but they are very good at keeping financial resolutions. Image source: Getty Images.

Source Fool.com