The Population’ Income, Expenses and Savings as Descriptive Aspects of the Standard of Living

At the level of any society, the income, expenses and savings have been playing and continue toplay an important role from both macroeconomic perspective (as a key element in the developmentof a company) and microeconomic perspective (from the point of view of the household, as a meanof describing the standards of living of the population). Linked together, they represent keyelements that play an important role in the entire national economy. By the means of a short quantitative research, this article aims to present how the total ofrevenues, the registered expenditure and the amount of savings on a household level create adescriptive picture of the standards of living. At a household level, the existing incomes representthe main source of both expenses and savings. Thus, a strong correlation between these elements iscreated, which defines the importance that each one shows.