{"id":12639,"date":"2023-04-03T22:16:28","date_gmt":"2023-04-03T21:16:28","guid":{"rendered":"https:\/\/cowrywise.com\/blog\/?p=12639"},"modified":"2023-08-09T19:43:45","modified_gmt":"2023-08-09T18:43:45","slug":"saving-money-statistics","status":"publish","type":"post","link":"https:\/\/cowrywise.com\/blog\/saving-money-statistics\/","title":{"rendered":"19 New Studies on Saving Money in 2023"},"content":{"rendered":"\n<p>Are you curious to see new research about saving money in 2023? Then look no further.&nbsp;<\/p>\n\n\n\n<p>We have curated a list of up-to-date statistics below.<\/p>\n\n\n\n<p>Keep reading.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Top Saving Money Statistics<\/h2>\n\n\n\n<p>These are the most interesting saving money statistics you should know:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Only 36% of Nigerians have at least 3 months\u2019 worth of emergency funds. (<a href=\"https:\/\/cowrywise.com\/blog\/survey-on-personal-finance-in-nigeria\/\">Cowrywise<\/a>)<\/li>\n\n\n\n<li>54% of Nigeria\u2019s unbanked poor prefer saving money at home to banks (<a href=\"https:\/\/thenationonlineng.net\/54-2-nigerias-unbanked-poor-prefer-saving-money-at-home\/\" target=\"_blank\" rel=\"noreferrer noopener\">Inclusion for all Initiative<\/a>).<\/li>\n\n\n\n<li>52% of Americans are behind in saving for retirement, and 16% are not even sure whether they\u2019re on track. (<a href=\"https:\/\/www.bankrate.com\/retirement\/retirement-savings-survey-november-2021\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bankrate<\/a>)<\/li>\n\n\n\n<li>Men consider themselves better at saving money than women. (<a href=\"https:\/\/talker.news\/2023\/02\/03\/men-consider-themselves-better-at-saving-money-than-women-poll\/\" target=\"_blank\" rel=\"noreferrer noopener\">Talker Research<\/a>)<\/li>\n\n\n\n<li>Nice people don&#8217;t save enough money. (<a href=\"https:\/\/www.vice.com\/en\/article\/3km4ww\/why-saving-money-is-so-hard\" target=\"_blank\" rel=\"noreferrer noopener\">Vice<\/a>)<\/li>\n\n\n\n<li><a href=\"https:\/\/cowrywise.com\/blog\/can-money-buy-happiness\/\">Can money buy happiness?<\/a> If you are rich and dealing with a severe emotional crisis then money won&#8217;t help. (<a href=\"https:\/\/www.livemint.com\/news\/world\/can-money-buy-happiness-new-research-finds-answer-to-age-old-debate-11678761355456.html\" target=\"_blank\" rel=\"noreferrer noopener\">Livemint<\/a>)<\/li>\n\n\n\n<li>Money boosts happiness for most people up to earnings of $500,000 (<a href=\"https:\/\/www.cbsnews.com\/news\/money-happiness-study-daniel-kahneman-500000-versus-75000\/\" target=\"_blank\" rel=\"noreferrer noopener\">CBS News<\/a>, <a href=\"https:\/\/www.pnas.org\/doi\/epdf\/10.1073\/pnas.2208661120\" target=\"_blank\" rel=\"noreferrer noopener\">PNAS<\/a>)\u00a0<\/li>\n\n\n\n<li>80% of Nigerians do not have insurance (<a href=\"https:\/\/cowrywise.com\/blog\/survey-on-personal-finance-in-nigeria\/\">Cowrywise<\/a>)<\/li>\n\n\n\n<li>Women have less money than men in their bank accounts (<a href=\"https:\/\/www.gobankingrates.com\/banking\/savings-account\/40-percent-women-have-less-than-100-in-savings-accounts-new-survey-finds\/\" target=\"_blank\" rel=\"noreferrer noopener\">GoBankingRates<\/a>)<\/li>\n\n\n\n<li>Around 44% of those who save regularly were more satisfied with their life as a whole. (<a href=\"https:\/\/www.goodhousekeeping.com\/uk\/consumer-advice\/money\/a32224339\/money-saving-tips\/\" target=\"_blank\" rel=\"noreferrer noopener\">Good Housekeeping<\/a>)<\/li>\n\n\n\n<li>90% of Americans would save money by switching to electric vehicles. (<a href=\"https:\/\/www.msn.com\/en-us\/autos\/news\/a-new-study-shows-that-90percent-of-americans-would-save-money-by-switching-to-an-ev-widespread-benefits\/ar-AA17f3yc\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Start<\/a>)<\/li>\n\n\n\n<li>Men saved over twice as much money as women in 2022 (<a href=\"https:\/\/www.fool.com\/the-ascent\/banks\/articles\/survey-finds-men-saved-over-twice-as-much-money-as-women-in-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Motley Fool<\/a>)<\/li>\n\n\n\n<li>50% of couples consider dishonesty about money a form of infidelity. 21% wish they had known more about their partner\u2019s financial attitudes before committing to the relationship. (<a href=\"https:\/\/www.businesswire.com\/news\/home\/20230214005279\/en\/Orion%E2%80%99s-New-Behavioral-Finance-BeFi-Study-Reveals-Half-of-Couples-Consider-Dishonesty-About-Money-a-Form-of-Infidelity\" target=\"_blank\" rel=\"noreferrer noopener\">Business Wire<\/a>)<\/li>\n\n\n\n<li>People save more money when their goals fit their personality (<a href=\"https:\/\/www.earth.com\/news\/people-save-more-money-when-their-goals-fit-their-personality\/\" target=\"_blank\" rel=\"noreferrer noopener\">Earth.com<\/a>)<\/li>\n\n\n\n<li>63% of Nigerians report their income is not enough for them let alone with dependants (<a href=\"https:\/\/cowrywise.com\/blog\/survey-on-personal-finance-in-nigeria\/\">Cowrywise<\/a>)<\/li>\n\n\n\n<li>Nearly 1 in 5 Americans have used a BNPL service in the past 12 months. (<a href=\"https:\/\/www.nerdwallet.com\/article\/credit-cards\/average-credit-card-debt-household\" target=\"_blank\" rel=\"noreferrer noopener\">Nerdwallet<\/a>)<\/li>\n\n\n\n<li>32% of Canadians are nearing retirement without any savings whatsoever (<a href=\"https:\/\/www.springfinancial.ca\/blog\/save-and-invest\/best-saving-habits-for-training-your-brain-to-save-money\" target=\"_blank\" rel=\"noreferrer noopener\">Spring Financial<\/a>)<\/li>\n\n\n\n<li>Companies could save money by catching up with digitization (<a href=\"https:\/\/www.fm-magazine.com\/news\/2023\/jan\/companies-could-save-money-catching-up-digitisation.html\" target=\"_blank\" rel=\"noreferrer noopener\">FM Magazine<\/a>)<\/li>\n\n\n\n<li>About 13% of Romanians plan to save their money in cash in 2023 \u2014showing Romanians are increasingly moving towards a cashless economy. (<a href=\"https:\/\/www.romania-insider.com\/fewer-romanians-plan-save-money-2023-revolut-survey\" target=\"_blank\" rel=\"noreferrer noopener\">Romania Insider<\/a>)<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"http:\/\/cwry.se\/blog_signup\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"221\" src=\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/11\/automated-savings-CTA-card-1024x221.png\" alt=\"Gain access to secure savings plans\" class=\"wp-image-10331\" srcset=\"https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/11\/automated-savings-CTA-card-1024x221.png 1024w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/11\/automated-savings-CTA-card-300x65.png 300w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/11\/automated-savings-CTA-card-768x166.png 768w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/11\/automated-savings-CTA-card-1536x332.png 1536w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/11\/automated-savings-CTA-card-360x78.png 360w, https:\/\/cowrywise.com\/blog\/wp-content\/uploads\/2022\/11\/automated-savings-CTA-card.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><em>(This list is continually updated)<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bottom Line<\/h2>\n\n\n\n<p>Want to learn more about saving money? Get started with these guides:<\/p>\n\n\n\n<p><a href=\"https:\/\/cowrywise.com\/blog\/30-day-savings-rule\/\"><span style=\"text-decoration: underline;\">The 30-Day Savings Rule<\/span><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/cowrywise.com\/blog\/50-30-20-budget-rule\/\"><span style=\"text-decoration: underline;\">Save More Money with the 50-30-20 Budget Rule<\/span><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/cowrywise.com\/blog\/psychological-tricks-to-save-money\/\"><span style=\"text-decoration: underline;\">10 Psychological Tricks To Save Money<\/span><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/cowrywise.com\/blog\/cant-save-money-because-of-bills\/\"><span style=\"text-decoration: underline;\">Can\u2019t Save Money Because of Bills? How to Navigate Wisely<\/span><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/cowrywise.com\/blog\/bad-money-habits\/\"><span style=\"text-decoration: underline;\">9 Bad Money Habits You Need to Stop ASAP<\/span><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/cowrywise.com\/blog\/save-on-low-income\/\"><span style=\"text-decoration: underline;\">How to Save Money on a Small Salary<\/span><\/a><\/p>\n\n\n\n<p>Do you have other interesting statistics to share? Let me know <a href=\"https:\/\/twitter.com\/felixak_\" target=\"_blank\" rel=\"noreferrer noopener\">on Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you curious to see new research about saving money in 2023? Then look no further.&nbsp; We have curated a list of&#8230;<\/p>\n","protected":false},"author":24,"featured_media":12711,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[173],"tags":[],"coauthors":[472],"class_list":{"0":"post-12639","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saving-tips"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>19 New Studies on Saving Money in 2023 - Cowrywise Blog<\/title>\n<meta name=\"description\" content=\"Are you curious to see new research about saving money in 2023? 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