Have you ever wondered who saves more? If men or women ?. In a previous note I told you that both genders saved for consumption.
That is to spend the savings on travel, clothes, etc. But of both genders, which one is more committed to its savings objective? Find out with me if women save more than men.
Women have a greater commitment to save
In a matter of figures, if we analyze the amount of savings accounts in the name of women and men, we must accept that there are more accounts in their name than in us.
But the quantity is not what matters since if we speak in terms of commitment, women have a greater disposition. This can be evidenced in the percentage of money that we allocate to savings accounts in contrast to men.
In regions outside the city the number increases
Only in terms of city the figures are not so even and that is that compared to 36% of women who, it is estimated, have savings accounts, men take the baton with 64%.
In the province the figures are reversed and although with a minimum of difference (only 4%) there are more women saving than men.
What differentiates people who save?
Savers have a clearly defined profile. In general, most people who have savings accounts, regardless of gender, are those who have a certain degree of education. Perhaps it is also due to the fact that the higher the level of education, the greater the income and therefore more likely to allocate capital for savings in a bank .
People who save, due to their education to a large extent, have better control of their finances. They plan a personal budget, which allows them to know how much they can spend and how much to save each month.
Tips to save more
You must start from a personal budget that allows you to know your finances thoroughly. So you can know what you are throwing the money and allocate that money for tomorrow.
Ideally, you can allocate between 10% or 20% of your income to your monthly savings. It would be great if the money together can be invested to enjoy, in the future, more Good Finance.