According to the results of a survey conducted in Germany in 2020, on average 62 percent of respondents saved money regularly. By contrast, one in five respondents admitted that they almost never save money. When looking at a breakdown by age group, the results revealed that younger individuals were more likely to save regularly compared to older cohorts.
Frequency of saving money in Germany in 2020, by age group
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Bundesverband deutscher Banken. (June 12, 2020). Frequency of saving money in Germany in 2020, by age group [Graph]. In Statista. Retrieved January 20, 2022, from https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken. "Frequency of saving money in Germany in 2020, by age group." Chart. June 12, 2020. Statista. Accessed January 20, 2022. https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken. (2020). Frequency of saving money in Germany in 2020, by age group. Statista. Statista Inc.. Accessed: January 20, 2022. https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken. "Frequency of Saving Money in Germany in 2020, by Age Group." Statista, Statista Inc., 12 Jun 2020, https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken, Frequency of saving money in Germany in 2020, by age group Statista, https://www.statista.com/statistics/1221230/frequency-of-savings-germany/ (last visited January 20, 2022)
