Women are willing to save for an average of 6 years to form capital for their children. The average amount that mothers save for children with help of endowment programs is 270 thousand rubles (1.3 million tenge at the National Bank exchange rate).
Olga Monakhova, Managing Director of the Investments and Savings Division of Sberbank: “Women aged 38–40 years are the most active in signing up for endowment programs. Some save for their children’s education, others save for real estate for them. Our main task is to create savings culture, especially among the younger generation. The sooner you start forming capital, the more you will be able to save up. Therefore, we recommend you to start saving as early as possible - for example, from the child’s birth.”
Photos are from open sources.
