My guess is there’s not much left after necessary expenses and they don’t see the point of saving a tiny bit if it does not amount to much later.
Discussion
tiny is better than nothing. saving and investing compounds over time. few understand this.
Saving, nah, inflation consumes it. Investing, now we're talking, though the issue there with said youth is that they're not educated about it most likely, let alone be educated to have critical thinking.