"Yes, some of my friends have credit card debt and they're not saving a dime, but that's not me," says Pearce, a 22-year-old publicist in Phoenix. "I learned the value of investing from my grandfather. He grew up in a time where 'saving for a rainy day' was the go-to mantra."
For his part, Pearce is laser-focused on shoring up his financial future, despite only earning $36,000 a year. He has $3,500 stashed for emergencies, and contributes $90 a month to his company's 401(k) plan.
More from USA Today:
Wall Street to Millennials: Don't fear the stock market
In quest for Millennials, financial firms try to 'crack the code'
Millennials: Here's how to save and invest when you're just getting by
Investing less than $100 a month may not sound like much, but Bankrate's compound interest calculator tells a different story. For instance, if Pearce continues to invest $90 a month in his 401(k) with a 7% rate of return, the money will grow to nearly $280,000 by the time he reaches age 65.
Unlike some of his peers, he's bucking the trend that younger millennials tend to steer clear of the stock market.