Written by
Umang Saini
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India's current personal saving rate is 30.7%. It's much higher compared to a first-world country, however economists are divided on the ideal number.
This post is on my personal saving’s rate.
Year | 2005 | 2006 | 2007 | 2008 | 2009 |
Rate | 24.9% | 21.9% | 48.8% | 65.2% | 66.9% |
My overall absolute saving’s rate is 49.6% in 4 years of starting to earn. After accounting for depreciation and permanent items it falls to 27%, which is in line with India’s average.
Following is my monthly saving’s chart.
So what’s your saving’s rate?
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US
p.s. No matter how much you love Google Charts, it’s hard to make the second one