[stretchwithme]

It is a function of culture. And experience. People who lived through the Depression or lived in another country where resources are hard to come by are more likely to be savers.

People who've been handed everything often don't prepare for the future.

People who understand the magic of compound interest are more likely to be savers.

People who've grown up with the government punishing savers, not so much. Perhaps they even think those who save are weird or outliers.