One in five people saving more than €125 monthly despite rising costs

One in five people saving more than €125 monthly despite rising costs

One in five Irish adults are saving more than €125 per month despite ongoing cost-of-living pressures, according to new research from AIB. The bank’s study revealed that one in ten people are managing to save more than €500 monthly, suggesting some households are finding ways to build financial reserves even amid economic challenges. However, the … Read more

Irish household savings rate climbs to 14.3% in Q3 2024, CSO reports

Irish household savings rate climbs to 14.3% in Q3 2024, CSO reports

The Central Statistics Office (CSO) has revealed that Irish households saved 14.3 per cent of their income during the third quarter of 2024, marking an increase from 12.9 per cent in the second quarter. The saving rate represents the portion of income remaining after current consumption expenses. According to the latest figures, unadjusted household savings … Read more