Millenials, or people now between 18 and 35 years old, seem to be the collective scapegoat for all that is wrong in the world. They’re not buying houses and want something called work-life balance. Whether the generation is entitled, lazy, or irresponsible is a topic for a sociology website. From a financial perspective, however, millennials rock despite severe challenges.

What Millennials Are Up Against

Millenials attended college more than any other generation and at a time when a college education is less of a predictor of financial success. Consequently, millennials have three times as much student loan debt as previous generations.

They also entered the workforce during an economic slump, so they get paid statistically less than previous generations. Right now, millennials in America are the generation that accounts for the most poverty.

The One Thing Millennials Are Great At

Despite all the problems millennials face, they rock at saving. On average, millennials have enough savings to survive for half a year without any income. Perhaps, it’s because many have had to do just that.

Although it’s certainly not representative of the entire generation, Fortune reported that 1 in 6 millennials has at least $100,000 in savings. How do older generations compare to these statistics?

The One Thing Older Generations Are… Not So Good At

According to MarketWatch, the average savings account of a middle-aged couple has only $5,000 in it. Although retirement is looming over the baby boomer generation, some reports say that many in the age group only have half as much saved for retirement as is necessary. This is all despite the fact that these generations have statistically higher incomes than their millennial counterparts.

With all the cards stacked against them, it’s clear that millennials are getting one thing right!