According to a survey compiled by K&H Bank, some 53% of youngsters follow some sort of savings plan, marking the highest rate for years. The bankʼs communications director, Nóra Horváth Magyary, said that some 30% of people in this age group set money aside at the beginning of the month, and some 23% keep money in reserve at the end of the month.

The most popular reason for saving is for a future home purchase, but general reserves, car buying, and planned trips are also among the reasons for saving, the website added.