Don’t believe the hype about millennials and money, data suggests
Far from splashing out on lattes and avocado toast, Revolut has found many are saving
Seven out of 10 young adults are regularly putting money aside, with almost £174 a month being saved on average, showing UK millennials are “far more savvy” about finances than they are given credit for.
That’s the headline finding of new research based on real customer data drawn from smartphone-based banking service Revolut’s servers.