What Is a Savings Rate? How to Find Yours and Why It Matters

A savings rate is the percentage of income you set aside for savings. Tracking yours can help you set savings goals that fit your budget.

# What Is a Savings Rate? How to Find Yours and Why It Matters A savings rate is the percentage of income you set aside for savings. Tracking yours can help you set savings goals that fit your budget. **Read the full article:** [NerdWallet](https://www.nerdwallet.com/banking/learn/what-is-a-savings-rate) *This article was originally published by NerdWallet. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*