15 January 2013, Tuesday, 15:32

Russians spend the earned and if save only for housing - VCIOM

author: Elvira Latypova

For today only 30 % of Russians have savings — it is the conclusion made by the Russian Public Opinion Research Center (VCIOM). For the last two years this figure practically has not changed.

Interrogation has shown that mainly elderly people save money (35 %), highly educated ones (36 %), inhabitants of Moscow and St.-Petersburg (47 %). In general there are no savings at 67 % of interrogated. Basically these are rural residents (77 %).

Russians consider an apartment or a house as the most valuable object of investment (29 % of interrogated named the real estate as the main objective of their savings — real or theoretical). Many of those who have savings, save "just in case" or for a "rainy day" (per 24 %), and also for medical treatment (23 %). Such objects of perspective investments, as education (15 %), rest (13 %), car purchase (12 %) use smaller popularity. 11 % of thrifty Russians save for a case of job loss. The number of those who save for acquisition of expensive things (8 %), land (7 %), organisation of their own business (4 %) or for reception of additional income in the future (3 %) is essentially lower.

It is interesting that for the last several months a number of those who save money for a "rainy day" (from 20 to 24 %) and for medical treatment (from 19 to 23 %) increased a little bit.

More than half of interrogated by VCIOM Russians (55 %) consider real estate acquisition as the most reliable investment. Progressively smaller are those who consider purchase of gold and jewelry as profitable investment (from 27 to 24 %). The few prefer to hold cash in a foreign currency, to purchase shares, to invest into pension or share investment funds, to open accounts in commercial banks.

During statistical inspection 1600 persons — inhabitants of 138 settlements in 46 regions of the country were interrogated. The statistical error does not exceed 3,4 %.

themes: VCIOM, savings