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The pandemic taught Russians how to save money

The share of Russians with savings has grown over the year, according to a survey conducted by Rosgosstrakh Zhizn and Otkritie Bank. Men save money more often than women. Zoomers and retirees save up more often than representatives of other generations, according to the press service of the insurer.
The pandemic taught Russians how to save money

The Russian people were invited to answer the question whether they had any savings. 40% of respondents answered in the affirmative, slightly more than during a similar survey conducted in February last year (36%).

The main source of savings for the majority of respondents is their salary (63% of Russians save money from it). Every seventh person (15%) saves money from side jobs, 13% - from an irregular point income (sale of property, material assistance, and so on).

The respondents who received New Year's bonuses in 2020 spoke about having savings more often than those who did not. Of the respondents who got bonuses, 47.5% have savings.

Men save money more often than women (42% of men and 38% of women surveyed answered in the affirmative when asked about savings).

Young people and seniors save up more often than representatives of other age categories (54% of respondents aged 18 to 24 and 44% aged 61 to 75 versus 38% of respondents aged 25 to 44 and 37% of respondents from 45 up to 60 years old).

Photos are from open sources.

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