According to the latest RaboDirect National Saving and Debt Barometer (NSDB), 62 per cent of regular savers report being completely happy with their life, compared to a national average of 48 per cent.
However, less than a fifth (19 per cent) of spenders had the same level of satisfaction.
And the disparity extended to the health scale, with 56 per cent of savers in excellent health, compared to just 26 per cent of spenders.
The survey found almost a quarter (24 per cent) of Australians save a regular amount each month, up from 18 per cent in 2012.
Of the savers, almost half (46 per cent) had a long-term financial plan, next to just 16 per cent of those who spent more than they earned.obligation free consultation.