Average Croat saves 60 euros a month for rainy day

Nearly 80 percent of Croatian citizens realise the importance of saving, for which they set aside 452 kuna a month on average, the main motive being the creation of a financial back-up in case of emergency, according to the findings of a survey on saving habits in Croatia released by Erste bank on Tuesday.

The survey, commissioned by Erste and conducted by IMAS agency, covered 500 respondents. It shows that 90 percent of respondents save for a rainy day, 29% for minor or major shopping and renovations, and 24% for old age.

Citizens aged 30-49 save the highest monthly amount (548 kuna), while those aged 15-29 save the least (391 kuna). Those above 50 save 395 kuna a month on average.
Only 17% of citizens keep their savings at home and 41% opt for classic savings, followed by life insurance, building societies, investment funds, and voluntary pension funds.
(EUR 1 = HRK 7.6)

Last update: Sat, 24/10/2015 - 19:37

More from Croatia

NME ranks INmusic among most popular world festivals

One of the most prestigious world music magazines, the British NME, has ranked the INmusic Festival among the 12...

8.7% of Croats can't afford a drink/meal with friends/family once a month

8.7% of Croatians aged 16 or over cannot afford to get together with their friends or family for a drink or a meal...

Croatia ranks 49th in ease of paying taxes

Croatia ranks 49th on the list of 189 countries covered by an in-depth analysis of tax systems conducted by PwC and...

Croatia Winter Music Festival, multigaming tournament in Zagreb's Arena during New Year holidays

The Croatia Winter Music Festival will take place in Zagreb from 31 December to 6 January, and the event is expected...

"The House of Batana" in Rovinj added to UNESCO list

The project of the preservation of intangible heritage of Rovinj through the Ecomuseum Casa Della Batana has been...