A phenomenological study of 27 participants, divided into three sub-categories of age, income and savings rate, explores the essence of individual savings rates and life satisfaction. This exploratory study reveals insight into the essence of savings behaviors, savings motivations, and savings outcomes or results. This examination explores the relationship between an individual expectation for lifestyle and the laying in store against it with savings. The outcomes of this behavior tie directly into life satisfaction. Outcomes like stability, comfort, peace of mind, emergency reserves, and the...