Abstract: Taking the household savings in Hunan Province as a sample，the main factors affecting the household savings in Hunan Province are analyzed qualitatively and quantitatively，and reasonable suggestions for stabilizing household savings are given. Using the ordinary least square linear regression model，it is concluded that the disposable income of urban residents and total dependency ratio are negatively correlated with household savings，inflation rate and the disposable income of rural residents are positively correlated with household savings，and the interest rate is not significantly correlated with household savings. This shows that lowering the interest rate is not an effective way to control household savings，and the household savings rate can be effectively stabilized by improving the rural residents′ social security system and standardizing the financial securities market.

Key words: household savings, residence income, rate of inflation, total dependency ratio, interest rate, empirical analysis