The share of Russians without savings is named

More than a fifth (21 percent) of Russians do not have any savings and do not intend to have any in the foreseeable future. This was reported by TASS with reference to the results of a survey conducted by analysts from Roskachestvo and Finance Mail.

The study was conducted on October 5-6, and involved 6.4 thousand citizens over 18 years of age. Based on its results, it turned out that another quarter of respondents were just planning to start saving.

Only every fifth (21 percent) of Russians has a financial cushion and regularly replenishes it. The same amount is transferred into savings up to one tenth of income, and about a fifth of respondents save from 10 to 20 percent.

More than half (54 percent) of respondents named the main purpose of savings to be the formation of a financial cushion for a rainy day. Another 13 percent noted that they were saving for the purchase of housing, 9 percent for vacations and travel, 7 percent for treatment and the same amount for retirement, 4 percent for buying a car and 1 percent for education.