Money saving frequency in Germany 2020, by age group

Published by
Fernando de Querol Cumbrera,
Feb 8, 2023
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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Release date

June 2020

Region

Germany

Survey time period

April 15 to May 19, 2020

Number of respondents

1,001 respondents

Age group

18 years and older

Method of interview

CATI, online interview

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