We conducted a poll on how much Salary.sg readers save. The results of the poll show that the average saving rate of our readers is 33.1%.
The average Salary.sg saves about one-third of his/her monthly salary.
The poll attracted more than 700 responses, 32% of which picked 21-40% as their saving rate.
Another interesting finding is that about a third of the respondents either don’t save or have a rather low saving rate of between 0 to 20%. (In the western world, a 10% saving rate is recommended, but I’m sure most of us wouldn’t be comfortable with that.)