By Nick ZabriskiePublished May 05, 2018 05:20:47By Nick ZawadiaThe Thrifty car renting place to live in the U.S. is the thrifty place to visit.
A new study by the UBS Group and McKinsey & Co. shows that people who live in thrifty places tend to spend less money and make more choices than their thrifty counterparts.
The findings are based on an analysis of 1.6 million survey respondents in 15 countries.
The study, titled Thrifty Places: Where Do They Live?
will be published Tuesday.
The study looked at the most popular destinations in each country to see where people live.
It looked at people who reported owning cars, carshare and car-sharing services, as well as their location in the country.
Thrifty places are those that offer “low-cost, low-quality or no-cost services or amenities,” according to the study.
It found that people in thriftier places were also more likely to be active on social media, to have a more active work-life balance, to be more open to digital media, and to use a car less frequently.
It also found that thrifty cities tend to be places where a majority of people live in.
The research also found there was a correlation between thriftiness and being able to afford cars and services.
The more thrifty the place, the more likely people were to live there.
“The people who lived in thriftships were more likely than their more affluent counterparts to say they were willing to pay for a car and services, but they were also less likely to say that they were comfortable with their transportation,” UBS analyst Matthew Buhler said in a statement.
People who lived thriftily were also much more likely for them to say their household had the means to meet their transportation needs, and they were much less likely than those who lived within walking distance to report being concerned about getting enough food for the year.
“They were also very likely to use the same transportation method as their neighbors, as it was a relatively common option for them,” he added.
People in thrifted places also were much more willing to consider having a car, including in terms of transportation, Buhlers said.
“We see that when it comes to car sharing and car rentals, people in Thrift places are more likely (to have a car),” he said.
The UBS study was conducted in 2016 and this year the findings have been updated to include the results of 2017.
Buhler did not know the reasons behind the correlation between people’s willingness to pay and how thrifty their places are, but said there are many reasons for people’s desire to live well.
“There are many other factors that can influence these choices,” he said, adding that the study is based on a large pool of data.
“I think the research suggests that thrift can be good for your finances,” he continued.
“The more thrift you are, the better off you are.”