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Reasons for saving money among twentysomethings 2012

Millennials: What are your reasons for saving money?

The data displays the results of a 2011 survey among twentysomethings, also called Millennials, in the U.S. on their reasons for putting money in a savings account. 76% of respondents stated they are saving money in case of an emergency need.

Saving in case of an emergency need 76
Saving for a major purchase in the future 53
Saving for a trip in the next 12 months 41
Saving for retirement 38
Saving for a down payment on a home 36