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Six Ways for Young People to Reduce Debt

The over 83.1 million Americans who make up millennials—people born in the '80s and '90s—have often faced the daunting task of entering the workforce during times of economic recession or uncertainty. Those lucky enough to find or keep jobs in a contracted market may have faced other hurdles, like paying down historically high levels of debt.

But while millennials have bills to pay, most acknowledge they also need to save—and many are anxious to get started.

Here are some tips for keeping your head above water and building a savings plan.