Study: Millennials better at saving money than previous generations

HOUSTON (KTRK) -- A new survey finds that a greater number of Millennials are saving their money for the future.

According to bankrate.com, 60 percent of 18 to 26-year-olds are planning ahead compared to just 25 percent of the next older generation.

Part of the reason young people are setting more aside is because they've had a front row seat to the financial crisis.

Experts say the top reasons for saving are worries about the economy, including job security and stagnant incomes.

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