Only one in five Poles saving regularly, while 80% believe that it is worth – Virtual Poland

Only one in five Poles saving regularly, while 80% believe that it is worth – Virtual Poland

Warsaw. 25/11/2014 (ISBnews) – Systematic saving every month declared only 2% of people. Another 16% is trying to put off certain sums quite regularly. 34% occasionally manages to save something, and 42% of all spent on current needs, according to a study conducted by TNS Poland on behalf of the Polish Bank Association. Although 80% of Poles believe that saving gives you a sense of security and pride, but for 60% it is worth doing, as long as it does not require sacrifice.

The main factors determining whether someone saves or not, is the amount of expenditure in the household (65% of responses) and the ability of the household (64%). Slightly smaller, but also play an important role non-economic factors, such as saving habits brought from home (21%) or knowledge of the household budget management (15%).

A third a distinguishable area affecting the decision to save the current situation (8%) and the availability of attractive offers savings products (13%).

The dominant model is the deposition of saving for contingencies – the so-called. ? Rainy day “without a clear objective. This model is closer to 43%. On the other hand, 37% say the propensity to save in accordance with these terms and stated goal.
” Saving, generally relies on the resignation of current consumption for future consumption. Most consumers are not ready for this, however, the savings are most frequently as the residue from the process of consumption, and not as a result of conscious and deliberate actions “- explains Dr. Marcin Idzik with TNS Poland.

He added that although 80% of respondents believes that having savings is a reason to be proud of yourself and gives you a sense of security, only 18% of trying to put off quite regularly certain sum and 34% of Poles declare that they do so from time to time. ”

Saving designed for a period exceeding 12 months 14% of the Poles, a period of less than one year on almost 25% of respondents.

“Quite a large group are also those who declare that before making a decision about saving stops them lack of knowledge and understanding of the mechanisms of saving in the long term. Nearly 60% of people say that saving could get them higher wages, 15 % indicates the need to reduce spending, and 10% – of the need to find a job “- said Idzik.

He pointed out that the study indicates, however, that regular savings is achievable for many Poles and most income with some effort they give such a possibility.

“Almost 70% of respondents answered that if there was a need deposition amount of 100 zł each month, it would bear such an effort, for the 52% is achievable deposition amount of 200 zł, for 21% of the 500 zł for 7 % 1 thousand. zł, and 4% of respondents would be able to put down a month more than 1 thousand. zł. It is a matter primarily subjective factors – the proper motivation, but also competence in managing the household budget. Meanwhile, 48% of people think that it is easier take a loan than a regular savings. The opposite view is 24% “- emphasized Idzik.

Regardless of the purpose of saving his best form perceived by the respondents is a long term investment in the bank (depending on the order 42-52% of responses). Next, respondents indicate investment funds (14-16%) and government bonds (12-15%).

The study “Saving the long term – opinions, attitudes and expectations of Polish society,” was conducted by TNS Poland on 17-22 October 2014. On a representative nationwide sample of 1,000 respondents aged 15+.

(ISBnews)