The American Bankers Association has unveiled a new survey on consumers' savings, investment, and spending habits.

The survey, which will be a benchmark for future measurements, found that 25% of consumers plan to increase savings during the coming year but 15% said they regularly spend more than they earn.

Still, 64% of households said they have "very strong confidence" in their ability to meet future financial needs, and 86% said the value of their investments either was stable or grew in the past year.

The study also found that 44% of consumers earning less than $100,000 paid off their credit cards monthly, but 45% of those earning $50,000 to $100,000 and 34% of those earning less than $50,000 said they never pay off their credit cards. An ABA spokeswoman said the group will decide within a month whether to update the survey quarterly or semiannually.

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