19 August 2011, Friday, 11:07

The majority of Russians save money just in case

author: Alfia Sharafutdinova

Almost one third of Russians have savings. In 2011 the share of Russian citizens, who don’t spend their money at once but put a part of their earnings by, increased from 25 to 31% as compared with the previous year. This is the data, published by the all-Russian Public Opinion Investigation Center (VSIOM), which specialists tried to find out did Russians collect money and if yes, so how and what for.

As it turned out, the majority of Russians collect money without special purpose, “just in case” – there are 28% of such people. At the same time 27% answered they put money by for buying housing. 25% agreed with the wording “for a rainy day”. It is strange but only 3% of the interrogated answered they collected money for opening their own business. Same number of people stated they made savings in order to replenish their personal capitals.

Purchases of realty, gold and jewelry, investments in foreign currency and deposits remain the most popular cash investments for today. The lion’s share of the deposits is kept in rubles. Thus, in Bashkortostan, the share of deposits in foreign currency doesn’t exceed 7% according to information of the National Bank RB. The overall sum of the personal deposits in the Republic amounts to 147,6 billion rubles today, increasing by 7,6% for the first half of the year.