{"id":2177,"date":"2017-11-10T14:00:39","date_gmt":"2017-11-10T14:00:39","guid":{"rendered":"https:\/\/www.comparably.com\/blog\/?p=2177"},"modified":"2017-11-05T17:23:22","modified_gmt":"2017-11-05T17:23:22","slug":"tech-workers-biggest-savers","status":"publish","type":"post","link":"https:\/\/www.comparably.com\/blog\/tech-workers-biggest-savers\/","title":{"rendered":"Tech Workers in Seattle, San Francisco Are the Biggest Savers"},"content":{"rendered":"<p>With the average American saving <a href=\"https:\/\/www.bea.gov\/newsreleases\/national\/pi\/pinewsrelease.htm\">less than 5%<\/a> of their disposable income each month, it&#8217;s quite the feat to be saving 10% or more.<\/p>\n<p>And yet 41% of workers across the tech world say they save at least 10% of their paychecks each month, according to the latest reading of an <a href=\"https:\/\/www.comparably.com\/guest\/culture\/tech\/all-departments\/80-what-of-your-paycheck-are-you-able-to-save-a-month\">ongoing query<\/a> by <a href=\"https:\/\/www.comparably.com\/\">Comparably<\/a>. More than 10,000 employees participated in the query.<\/p>\n<p><b>The cities with the biggest savers<\/b><\/p>\n<p>Seattle and San Francisco were the cities with the highest percentage of workers who saved 10% or more of their paycheck each month (66% and 65%). Nearly 40% of workers in each of those cities claim to save at least 20%.<\/p>\n<p>Seattle<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2180\" src=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/SEATTLE.png\" alt=\"SEATTLE\" width=\"698\" height=\"387\" srcset=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/SEATTLE-300x166.png 300w, https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/SEATTLE.png 698w\" sizes=\"(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/p>\n<p>San Francisco<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2181\" src=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/SANFRAN.png\" alt=\"SANFRAN\" width=\"695\" height=\"394\" srcset=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/SANFRAN-300x170.png 300w, https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/SANFRAN.png 695w\" sizes=\"(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/p>\n<p><strong>The higher the education, the higher the savings?<\/strong><\/p>\n<p>Workers who completed their bachelor&#8217;s degree, master&#8217;s or doctorate reported saving at least 10% or more at a higher rate than workers who completed only high school or some college.<\/p>\n<p>Sampling:<\/p>\n<p>High school<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2188\" src=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/djd.png\" alt=\"djd\" width=\"646\" height=\"352\" srcset=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/djd-300x163.png 300w, https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/djd.png 646w\" sizes=\"(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/p>\n<p>Bachelor&#8217;s<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2189\" src=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/dd.png\" alt=\"dd\" width=\"649\" height=\"354\" srcset=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/dd-300x164.png 300w, https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/dd.png 649w\" sizes=\"(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/p>\n<p><strong>Savings overall<\/strong><\/p>\n<p>Fifty-one percent of workers in tech claim to be saving at least 10% of their paychecks, with half of them saving 20% or more. Twenty-three percent of workers in tech say they save 5%, 20% say they save &#8220;nothing,&#8221; and 6% say they spend more than they make.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2184\" src=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/hdh.png\" alt=\"hdh\" width=\"1450\" height=\"383\" srcset=\"https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/hdh-300x79.png 300w, https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/hdh-768x203.png 768w, https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/hdh-1024x270.png 1024w, https:\/\/cdn.comparably.com\/00000000\/b\/2017\/11\/hdh.png 1450w\" sizes=\"(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/p>\n<p>The latest reading is as of Nov. 10.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the average American saving less than 5% of their disposable income each month, it&#8217;s quite the feat to be saving 10% or more. And yet 41% of workers across the tech world say they save at least 10% of their paychecks each month, according to the latest reading of an ongoing query by Comparably. &hellip; <a href=\"https:\/\/www.comparably.com\/blog\/tech-workers-biggest-savers\/\" class=\"more-link\">Read full-story <i class=\"cm cm-right-chevron\"><\/i><\/a><\/p>\n","protected":false},"author":9,"featured_media":2187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[39],"_links":{"self":[{"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/posts\/2177"}],"collection":[{"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/comments?post=2177"}],"version-history":[{"count":7,"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/posts\/2177\/revisions"}],"predecessor-version":[{"id":2190,"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/posts\/2177\/revisions\/2190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/media\/2187"}],"wp:attachment":[{"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/media?parent=2177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/categories?post=2177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comparably.com\/blog\/wp-json\/wp\/v2\/tags?post=2177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}