For those who do, the amount they hold may not be enough to withstand a financial emergency. The good news is that many people are taking steps to get there. Here are four of the savings highlights from the 2016 report.
Many live without a financial safety net; 38% in Europe do not have any savings, while half of those who do seem not to have enough.
Planning for your financial future is a better bet than hoping: 36% in Europe grew their savings by making a deliberate decision to save more.
Personal finance wisdom: it is prudent to have an easy access emergency fund. Some 55% in Europe set aside money for unexpected costs.
Struggling savers can be prone to debt discomfort. The survey shows that 25% of those in Europe with debt are uncomfortable with the amount.
This article is related to the ING International Survey: