Saving money is important, but Americans are falling short.
According to www.Bankrate.com, only 1 in 6 working Americans are saving 15% if their income, the number that most experts recommend. And 21% of working Americans report that they aren't saving any money at all!
Why? The biggest reason, according to a new survey, is that they "haven't gotten around to it."
People 55 plus, are the best at saving, putting away more than 10% of their income.
But millennials and Gen-Xers are the worst. They're stashing less than 10% and are the most likely to not save anything at all.
Best thing to do? Have your employer directly deposit 15% of your paycheck into a savings account and don't touch it.