The main purpose of such savings is to pay for a vacation or travel. This answer option was chosen by 39% of respondents. The desire to make renovation is in the second place (24%). The desire to save money for gifts for family and friends closes the top three (18%).
Every sixth (17%) respondent says they are saving for medical treatment, and every eighth (12%) - for the purchase of real estate. 11% of Russians would like to spend money on hobbies, 9% want to spend on their or their children’s education and purchase of household appliances, 8% plan to buy a car, and 7% wish to buy a gadget. 5% of compatriots save for the purchase of expensive clothes or jewelry, and the same amount (5%) - for moving to a new place. 2% of Russians plan to spend money on opening their own business.
As the survey showed, every seventh resident of Russia (14%) managed to allocate 11–15% of their income to savings in 2023, and 10% - from 21 to 30%. 7% of survey participants allocated more than 30% of their income to savings, and only 5% set aside more than 50% of their income.
Photos are from open sources.