"Are you a saver or a spender? It is a question often asked in newspaper quizzes about personal finances. "Saver" is the answer most Irish people should be giving, and it seems we have, indeed, become a nation of savers. It started during the Celtic Tiger era of 2001 to 2007 and then really surged during the financial crisis, as people were spooked about the security of their jobs and pensions."
"Trend is still growing, with the amount of income put away by people now 15pc Are you a saver or a spender? It is a question often asked in newspaper quizzes about personal finances. "Saver" is the answer most Irish people should be giving, and it seems we have, indeed, become a nation of savers. It started during the Celtic Tiger era of 2001 to 2007"
Household saving rates in Ireland have risen, with people now setting aside roughly 15% of their income. The shift toward saving began in the Celtic Tiger era of 2001–2007 and accelerated during the financial crisis when fears over job security and pension safety intensified. Heightened risk awareness prompted many households to prioritize saving instead of spending, producing a more precautionary approach to personal finances. Personal-finance quizzes often ask whether individuals are savers or spenders, and many now would correctly identify as savers. The change appears to reflect a durable behavioral shift in household financial priorities.
Read at Independent
Unable to calculate read time
Collection
[
|
...
]