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Despite student debt, Millennials are making savings a priority—with help from their parents.

Oct 18 2016

Despite student debt, Millennials are making savings a priority—with help from their parents. A new study from Fidelity has found that 80% of 18-35-year-olds have an emergency fund, with an average of $9,100 saved, surpassing the average amount Boomers and Gen Xers have saved. Six in ten are also already saving for retirement, an increase of 9% from two years ago, and 61% say that saving makes them happy. The majority of Millennials say their parents were their financial role models, and almost half say they’ve accepted some financial assistance from them. (Huffington Post) 

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