A story in The Atlantic about millennials' financial habits is garnering a fierce backlash on social media. The piece, "Why Aren't Millennials Saving Money?", was published in 2014 but shared again in a tweet in November.

In the piece, columnist Bouree Lam argues millennials aren't saving money because the recession led them to distrust the banks.

She also asserts that young people don't understand finance, pointing to a 2014 study that reported half of millennials didn't grasp how pensions work. She does note the issue of student debt, but does not dwell on the topic.

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Social media users weighed in with their own answers to the headline's query.

They criticized the piece for minimizing the unique financial strains facing the millennial generation.

Many argued millennials' incomes, costs of living, and student loan payments have more to do with their savings — or lack theorof — than how they feel about banks.

Writer Kendra James responded to the piece in a viral tweet breaking down her finances.

Financial planner Sophia Bera told ATTN: in September that student loans and credit card payments play a huge part in millennials' economic difficulties. The average 2015 college graduate left school with $35,000 in student debt, the Wall Street Journal reported. It's not millennials' feelings that decide the size of their savings account, then, but economic reality.