A significant number of Hungarians save for their health and stress because of their financial difficulties

By: Trademagazin Date: 2024. 04. 01. 12:07

Due to our financial situation, we face serious mental and physical problems: four out of ten Europeans report that their financial problems have a negative effect on their health. Only about a third of Hungarians live a financially stable, stress-free life, according to Intrum’s latest European Consumer Payments Survey.

The majority feel they are struggling to get ahead and doubt their ability to change their financial situation. Despite economic indicators showing some improvement, according to Intrum’s latest European Consumer Payments Survey (ECPR), long-term financial troubles are taking a heavy toll on consumers’ mental and physical health. According to the European survey, less than half of the respondents (46 percent) live a financially stable, stress-free life. In Hungary, this rate is even lower, only 39 percent, which indicates general financial distress. The survey also highlights important demographic differences: Generation X and female consumers have a particularly pessimistic view of their income situation, while members of Generation Z and Boomers are the most likely to think that they have enough money each month to lead a comfortable, relaxed life .