ADVERTISEMENT

Hungarians Prioritizing Travel Over Renovations This Year

Tourism

Home renovation is an important goal for many, but this year Hungarians would spend most of their money on travel, according to representative research by Cofidis Credit Monitor.

According to the research, 63% of Hungarians now have a plan that requires financial resources, ideally, they would like to spend about HUF 1.5 million, but realistically they expect HUF 600,000.  

Hungarians intend to spend the most money on travel and vacations this year, while the second most important goal is home renovation, and the third is buying household appliances or furniture. 

A quarter of households this year also set aside financial resources to cover private health care, and a fifth of them targeted debt reduction. 

Watchdog Fines OTP Bank for Regulatory Shortfalls Banking

Watchdog Fines OTP Bank for Regulatory Shortfalls

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s Government

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s

Biggeorge Adds 2 New Directors to Top Management Appointments

Biggeorge Adds 2 New Directors to Top Management

Tastin' France 2024 Wine Event Coming in June Drinks

Tastin' France 2024 Wine Event Coming in June

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.