World Savings Day 2025: Saving is becoming a trend among young people!

World Savings Day 2025: Saving is becoming a trend among young people!

Today, October 30, 2025, World Savings Day is celebrated nationwide. This day is all about money and wealth creation. In numerous branches of the Volksbank and Sparkasse in the Siegen-Wittgenstein region, visitors can expect small gifts and promotions that address the topic of saving. This shows that Germans have a high awareness of saving. According to the “Wealth Barometer” from the German Savings Banks and Giro Association, an impressive three quarters of those surveyed said they regularly put money away. However, the reality is somewhat different: around 40 percent save spontaneously, while almost a third of the population is currently not thinking about building wealth. Only one in three follows a clear plan for their savings and investment strategy, reports Radio victories.

The savings rate, an important indicator, is currently around 10 percent of disposable income. But this number can sometimes be misleading. Loud BVR This rate has remained relatively stable in recent years, with a marginal forecast of 10.4 percent for 2025, rising to 10.6 percent next year. What is particularly surprising is that there are significant differences between age groups and income levels: young people, especially those between the ages of 14 and 29, show a strong need to save, while they are often unable to actually achieve the desired savings volume. This leads to a clear need for action when it comes to building assets for young people.

Trends and changes in saving behavior

How are Germans dealing with the current interest rate turnaround? A comprehensive study by the Federal Association of German Volksbanks and Raiffeisenbanks shows that savers are reacting prudently: the holdings of time deposits and pension securities have increased by over 50 percent compared to the previous year. And the volume of savings bonds even increased fivefold. More and more people are also interested in stocks and funds, which represents a positive trend supported by the return to fixed-interest investments after the low interest rate phase. Dr. Andreas Bley, chief economist at BVR, emphasizes that openness to stocks and investment funds has increased due to the combination of market diversity and positive interest rates.

The financial investments of private households look like this: At the end of 2023, the net financial assets will total over 7,938 billion euros, with an average net financial assets per household of 139,500 euros. These aspects show how important sound financial education and qualified advice are so that wealth creation remains within reach for everyone. Cooperative banks offer a wide range of advisory services to meet individual needs.

Future perspectives and possible solutions

Wealth creation is an important topic that is coming into focus more than ever before. Financial planning and proactive action are essential to meeting the challenges of life. The support provided by the legal framework plays an important role. Measures such as early start pensions, tax incentives and unbureaucratic pension models could help to promote the motivation to save and support young people in building wealth.

Considering the above points, it is clear that saving behavior in Germany is diverse and constantly evolving. It remains to be hoped that the various initiatives and programs will help to sustainably increase the savings rate and reduce financial differences within society. Awareness of wealth creation is definitely high, but getting there still requires some effort.