Trend is still growing, with the amount of income put away by people now 15pc
Ireland is a nation of savers, but that’s not necessarily good news for the economy
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.
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