Savings of the household sector are undoubtedly very important both in terms of micro- (for the optimum personal finance management) and macroeconomics (from the perspective of the economic growth). This paper provides empirical evidence of the complex interrelations of income, level of optimism/pessimism, attitudes towards saving and households' consumption–savings decisions. Moreover pessimists seem to reveal the lowest inclination to deliberate saving. Simultaneously, they seem to be most suspicious about the bank loan incurring. The level of optimism is positively associated with both the share of savers and the level of accumulated savings. In the present paper an attempt has been made to analyze attitude of the heads of the middle class households of Jaipur city towards financial saving.