Men vs Women: Who are the better savers?
Here at Scottish Friendly, we recently ran a survey on our website about your saving plans and habits.
The survey was conducted in 2012 over a period of 4 weeks and received over 1,600 responses.
After generating some key statistics, we produced this infographic to illustrate our findings.
Our key to splitting the results was Men vs Women.
Take a look at our findings:
The findings
As you will see, men lead the pack. They tend to be happier with their savings, and are more likely to make monthly savings than women.
Our study showed that women are around 6% more likely to resolve to save more.
What do men and women save for? Our study showed a close correlation on most topics, with men and women both saving for a rainy day, holiday, and a rare shopping spree. Meanwhile men were more forward-thinking in their savings. Men are ahead in saving for key life events, particularly in saving for a child’s future, putting together a deposit for a house and, especially, in preparing for retirement.
Let us know
What are your saving habits? Does this survey represent you? In which key areas are you similar to, or different from, our survey respondents?
Let us know on Twitter @scotfriendly #menvswomen.
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Men Vs. Women: Who Are The Better Savers?Scottish Friendly