Hungarians attribute greater importance to savings than neighbors - survey
About 58% of Hungarians think making savings is "very important" and 25% think it is "important", a survey by Erste Group shows.
The figures are the highest in the survey of five countries in the region: Austria, the Czech Republic, Hungary, Slovakia and Ukraine.
Although 82% of Hungarians say the make savings when possible, just 43% put money away regularly, the survey shows.
The average monthly savings in Hungary is HUF 14,705. The most popular investments are cash savings and life insurance.
ADVERTISEMENT
Slovenia Inflation Continue Falls in November
Companies' Own Success Precondition for Country's Success - ...
Hungary Home Sales Climb 10% in November
United Way Hungary Champions Community Spirit at Annual Gala
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.
