• Coronavirus in Hungary
  • coronavirus
  • Budapest
  • Covid immunity certificate in Hungary
  • Covid immunity certificate/vaccine passport
  • Hungary border control
  • HelloMagyar
Hungarians more optimistic about financesHungarians more optimistic about financesHungarians more optimistic about financesHungarians more optimistic about finances
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Eszter Vass Eszter Vass · 24/04/2017
· Business

Hungarians more optimistic about finances

money statistics survey
wage money Euro

The Intrum Justitia surveyed 21 317 European citizens from 21 countries, including 1005 Hungarians to find out more about how people handle financial difficulties, what they save money for the most, and what they think about the financial security of their children, piacesprofit.hu writes.

The survey revealed that almost half of the Hungarian population has been in a situation where they could not meet the deadline for obligatory expenses and they could fulfil the payment only with some difficulty.

What do Hungarians do in times of financial difficulty?

In a difficult financial situation, almost half of women (47pc) turn to their family for help first, while men are more likely to go to their bank for a loan instead (33pc). The data also shows that Hungarian women trust their friends more in a difficult situation than men, who consider it a possible solution to ask a colleague or superior at work (11pc).

53pc of women would not buy durable consumer goods on credit. The majority of women (84pc) would give up plans for a holiday if they did not have money saved for this purpose and had to ask for a loan from a relative or the bank. At the same time, a quarter of women say they spend more on gifts, for instance, than they originally anticipated.

What do Hungarians save money for?

How much people put into savings and what they save money for also tells a lot about our financial conscientiousness. The study shows that the majority of people save money for unexpected expenses (70pc), but buying real estate is also a popular goal (25pc), so is self-care (25pc), travelling (24pc), and their children’s financial support in the future (22pc).

Button

The study also revealed that in the case of an unexpected expense costing half their monthly salary, half of men think they could tackle the issue easily, whereas only 30pc of women say the same.

What about the future?

The famous Hungarian pessimism seems to falter when it comes to the future of our finances. The majority of survey takers think that they will be in a better financial situation in the future than what their parents are living in at the moment. Men contribute significantly to these numbers. At the same time, women are much more positive about the future financial situation of their children, both in Hungary and Europe. In Hungary, 52pc of women say their children will have it easier in the future, whereas only 40pc of men have the same optimistic view.

Ce: bm

Source: piacesprofit.hu

money statistics survey
Share
Eszter Vass
Eszter Vass

Related posts

Budapest Airport
01/07/2022

Budapest Airport faces hardships


Read more
paks ii visual plan
01/07/2022

Melt trap for Paks 2 nuclear power plant authorised


Read more
forint daily news hungary
30/06/2022

NBH director: Inflation to peak in autumn


Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • Hungary-Slovenia electricity transmission line operational
  • What happened today in Hungary? – July 1, 2022
  • VIDEOS: the digital version of the Rubik’s Cube is here!
  • Budapest’s only free beach on the Danube reopens! – PHOTOS

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!
Posting....