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This overview gives an idea of income as an important factor in capacity of Americans to economize. 29% of people earning less than $50.000 argue that their salary is so small that they cannot save anything of it, in comparison with solely 5% of those making $50.000 or more. Almost all persons getting $50.000 or more have a chance to save at least something of their income (92%).

But professor at the Rochester Institute of Technology who is the author of "Credit Card Nation" Robert Manning doesn’t fully believe these results.

“Due to their higher income many people make efforts to embroider their financial standing. But we found out that the more money people get the more they spend it,” claims Manning, who is also the director of the New Center for Consumer Financial Services. “Persons having a higher income are more likely to report that they are economizing but that may not be true.”

Senior director of public relations at the National Foundation for Credit Counseling Gail Cunningham is also ambiguous. “When I got to know the results of this question my first reaction was that people are confusing themselves about how much they save. If savings are reported in negative by national average still our responding persons state they are economizing, something is not right and probably it’s their sensation.”

“Realizing the worth of saving, lots of people act from the best of motives but most of them can’t successively amass some real sum of cash. Some people indeed make small contributions into their saving accounts but they make haste to spend it when there appears even the smallest necessity.”