Personal Savings Rate

The personal savings rate is the percentage of an individual's disposable income—that is, after taxes and expenses—that they set aside as savings rather than spending on goods or services. It reflects how much of your income you choose to save, invested, or set aside for future needs or emergencies. A higher savings rate indicates more focus on building financial security or future goals, while a lower rate suggests more immediate spending. It is an important indicator of personal financial health and can also impact the broader economy's stability and growth.