Salt Lake City, UT; Amarillo, TX; Lincoln, NE; Lubbock, TX; and Laredo, TX are the cities with the most accessible financing, according to WalletHub.
Seven in 10 (69 percent, up from 62 percent in 2011) say it is possible for them to save $25 a week more than they are currently saving.
Parents are the financial role models for most young adults in their 20s trying to become financially independent, many already struggling with student loan debt.
In all, 44 percent conceded that spending on non-essential purchases – like dining out and entertainment – causes them to save less than they should each month.
The aim is to reduce the corrosive effect excessive fees are having on Americans’ primary savings vehicles.
A new report found that 27 percent of baby boomers are confident they will have enough money to last through their retirement, down from 33 percent a year ago and 37 percent in 2011.
Meanwhile, the U.S. stock market has been on a tear, one of the longest bull rides in history.
Sales of vacation properties made up 21 percent of all home sales last year at an estimated 1.13 million, the highest level since 2003 and a 57 percent increase from 2013.
The cost of housing plays a big role in the growing inability of families to save money for retirement, college or even emergencies.
Only 12 percent of couples pay for the wedding entirely themselves. Nonetheless, the $31,213 figure is daunting, no matter who pays.