Dimension of individual saving behaviour

Abstract

The object of this article is individuals’ saving behaviour. The aim is to define main factors that influence finan-cial decision making of householders’. Behaviour economic and behaviour finances became popular in recent years and is defined as a combination of psychology and economics. As there is no comprehensive data about financial status of Lithuanian residents the best way to define what drives people in making financial decisions is questioning. Corresponding results are presented in the article after computing information received from 630 respondents on various questions regarding their financial behaviour and money management. The conclusions involve typical short and long-term savers’ features and ascertain precarious situation that 40 % of respondents have no financial possibilities for saving.