More than 20% of white-collar workers save money for buying houses, and saving is the preferred way of financial management

by juyaqufa004 on 2011-12-16 17:00:17

What is the motivation for saving money? The other day, Taizhou Recruitment and human resources website 51job announced a survey on the savings and financial management status of white-collar workers. The data showed that 20.56% of respondents said their biggest reason for saving at present was "buying a house/renovation", surpassing pension and investment to become the largest motivation. Nearly half of the surveyed population were young people who had been working for one to three years.

The survey showed that 32% of respondents said they could save "three to six months (including six months)" of their salary within a year. Those who could save "one to three months (including three months)" and "six to nine months (including nine months)" of their salary ranked second and third respectively, accounting for 27% and 15% of the total population. In interviews conducted by 51job, due to the larger proportion of young people and with the rise in prices and changes in consumption patterns, nearly 60% of respondents said they would plan their monthly expenses (including utilities such as water, electricity, and gas). However, only 11% of respondents said they would limit their expenses, with more people indicating they were somewhat "reckless" when it came to spending money.

The survey also showed that saving is the first choice of financial management for white-collar workers. Among all respondents, 34% said they could save up to 100,000 yuan within "three to five years (including five years)."

About 51job

"51job" (Nasdaq: JOBS) is China's first professional human resources service agency that combines multiple media resource advantages. It brings together traditional media, online media, and advanced information technology, along with an experienced team of professional consultants, providing comprehensive professional human resources services including recruitment, headhunting, training evaluation, and personnel outsourcing. Now, it has service institutions in 25 cities across the country. In September 2004, 51job became the first, and currently the only, Chinese human resources service company listed on the NASDAQ Stock Exchange in the United States, making it one of the most influential human resources service providers in China.