Savings are generally based on ONES attitude towards the living life style. One could not save from cutting the basics of life like hygiene, food, etc.

The recent recessionary trend and unsure global economy played a bigger role in the mind of people to protect the future by saving more, without realising that economy would be in more trouble if we save more money during such period.

Personally, I dont spend on luxuries and opt for reasonable cost options such as prefer to fill up Super than Gold petrol for my car.