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Average savings

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  • 14-11-2012 2:25pm
    #1
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭


    What does the average person in Ireland save ? By either % salary terms or actual euro amount per month.


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    #2
    roro2
    Registered Users Posts: 412 ✭✭roro2


    Saving rate of households was 14.1% in 2011 according to the European Commission. Where they have the savings rate as "gross saving divided by gross disposable income".


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    #3
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    in this mornings paper it was stated average salary was approx 35 k so that would give an average savings per year of nearly 5k

    after pension, rent , taxes , travel expenses, food , holidays etc etc.


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    #4
    roro2
    Registered Users Posts: 412 ✭✭roro2


    I'm not sure what exactly gross disposable income is though - it might be less than the 35k gross salary


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