Gen Z and Millennials Lead Savings Goals, Surpassing Older Generations in 2025 Study

Nitat Termmee / Getty Images Despite years of criticism about frivolous spending habits, Gen Z and Millennials are proving their financial savvy by outpacing older generations in savings growth during the first half of 2025. Key Takeaways Younger Americans grew their savings more in the first half of this year than older generations, a Santander Bank survey found. More than half of Gen Z and Millennial respondents said their savings increased during the first half of the year. High-interest CDs are on ...