living on daily basis or you have things saved to meet your expenses...

I'm not really sure of the answer, but I can give my personal view, I think people save what they feel they can afford to save. For example I pay into a pension scheme via my employer which ensures I will have money to live on when I retire. I have money put by in investments for my children when they reach 18 so they can get a deposit on a house or pay university fees. So I save for the important things that I feel is something we all have to do, but this money is automatically deducted from my income on a monthly basis. But putting money aside each month out of my disposable income I don't do. When I get my monthly earnings what I don't spend on bills goes on stuff my kids need like new shoes and clothes. I have 14 nieces and nephews so I am constantly buying birthday presents etc. I don't feel I have enough each month to put some aside. Plus I like to treat my children occasionally. They are only young once and I want to ensure they have some lovely childhood memories