This is what people plan to the spend a lot on this year

By: Trademagazin Date: 2021. 04. 14. 11:17

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38 percent of those surveyed believe that they can breathe a sigh of relief about their finances as early as this year and even afford higher expenses, according to research by BÁV Zálog, which surveyed the Hungarian working population. 22% of respondents plan to spend more this summer, 16% in the second half of the year, autumn or winter.

38% of the population expects to be able to breathe a sigh of relief into their finances as well as this year as the coronavirus epidemic subsides, and can afford more serious expenses. Most people would spend it on vacation. A significant circle wants to renovate their home, many people would buy a car, while one in 10 people are thinking about buying a home.

When it come to savings, people tend to think about traditional solutions. Most people (33%) cash, followed by the popularity of real estate (31%) and bank deposits (27%). In the event of financial difficulties, the younger generation will consider the options available in the most lightly. The most important thing for everyone is the speed and simplicity of the administration. Family members and friends who are familiar with finances are most likely to seek advice from the elderly. However, 12% of survey participants are not creditworthy and they need to look for other solutions.