Figure 13: WAYS TO SAVE: BIGGER DECISIONS – GREATER WASHINGTON AREA Ways to save: bigger decisions – Greater Washington Area
2024 2023
59% 58%
Delaying large purchases (e.g. upgrading your car)
54% 51%
Cancelling subscriptions or memberships
47% 49%
Automating your savings (e.g. splitting pay into savings and spending accounts)
41% 41%
Additional work hours or finding additional part-time work
Reducing borrowing behaviour (e.g. payday loans, ‘buy now, pay later’) or cancelling some/all credit cards
40% 38%
40% 43%
Cancelling travel plans/travelling locally instead
35% 32%
Switching energy providers/ phone/internet plans
26% 31%
Switching/cancelling insurance policies (e.g. health)
20% 21%
Delaying further study/qualifications
17% 15%
Moving back home with parents/family
14% 13%
Selling vehicle(s)
13% 14%
Selling investment properties
Q. Thinking about how you are managing your finances more generally, which (if any) of the following things are you currently doing to save money (if applicable to you)?
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