Can Saving Money Make You Happy?

They say money can’t buy happiness. But what about saving money? Can you feel happier in general just by putting more money in the bank?

To find out, Ally Bank surveyed 1,025 American adults, ages 25 and up. What we found was a strong link between saving and overall happiness. We also found that this link is stronger than most people think. In fact, you may be surprised by how effective saving money is when it comes to feeling good.

To illustrate the findings from our Money-and-Happiness Survey, we put together a series of four infographics. Check out the first one below.


Get even happier with an Ally Online Savings Account.  With competitive interest rates and no monthly maintenance fees, an Ally Online Savings Account can help boost your “feel-good” savings balance even more!


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How does saving make you feel? What does saving enable you to do?


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  1. 1

    85% of people say money makes them feel good, huh? Ally should release a related survery result: 15% of respondants lie about their feels regarding money to make themselves look holier than thou; “Oh, I don’t care much about money, ya know, I’m just above that.”

  2. 2
    Richard Baird

    I’ve been a customer of Ally for two years – there is a lot of talk about increasing the different saving rates as the years go along, I haven’t seen any of it!! It seem if you really were an Ally you could raise the rates!!!

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