The results of the survey showed that Russians most often save their income for the future to go on a trip, buy a house or make a down payment on a mortgage, RIA News reports.
According to a study by Raiffeisenbank among 1,200 Russians save money for buying a car, repairing an apartment, and having funds for unforeseen situations. In general, approximately equally divided respondents who save their income on a regular basis and those who do not do this (30 per cent and 34 per cent respectively).
28 per cent say they don’t have the opportunity to save, and 7 per cent haven’t expressed a desire to do so. Most of those who make savings save in the range of 10 to 20 per cent of income, with 40 per cent of the study participants claiming that they have begun to save more significant amounts recently.