new delhi millenials in the age group of 2230 years are eager to invest for wealth creation and those earning below rs 25000 per month are saving around 11 per cent of their income says a surveyaccording to a survey by fintech startup saveabhi millenials earning below rs 25000 per month are saving the highest rate at 111 per cent of the income millenials earning between rs 2500050000 per month are saving 79 per cent and millenials earning above rs 50000 per month are saving 81 per centall the three categories are spending maximum on rent and housing at 35 per cent 215 per cent and 335 per cent respectively followed by dining and outing at 123 per cent 21 per cent and 11 per cent respectivelythe report that took into account data from 5000 millenials noted that 97 per cent of the millenial investors are malesthe findings break the myth that millenials only live in the present and do not believe in saving for future said priyank barthwal founder saveabhiwith an aim to promote saving and investment saveabhi has introduced the innovative concept of save the change to enable automatic savings the app was launched based on an insight that linking expenses to savings is key to promoting small but regular investingexpense done through digital payments like credit card debit card or net banking is updated in an expense dashboard and change to the nearest hundred of the expense amount is added to the save the change accountan investment into your chosen investment asset like a mutual fund is initiated the moment this value reaches rs 500 the release saidsaveabhi was set up by vikram malhotra and priyank barthwal who have over 20 years of experience in finance and technology