collage of man paddling boat on waves of money (Photo: Shutterstock)

Watching the financial woes of those around them during the Great Recession has certainly made an impression on millennials, many of whom are making laser-focused efforts to save their own money.

That’s among the findings of Bank of America’s Better Money Habits report, which found that nearly a quarter of millennials that are saving have at least $100,000. That’s up from just 16 percent in 2018 and 8 percent in 2015, and while that’s good news, plenty of other millennials are still struggling.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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