Russians named the necessary amount of financial cushion for the first year of a child's life

The majority of Russians surveyed (83%) expressed the opinion that it is necessary to prepare financially for the arrival of a new family member. One in ten believes that a financial cushion of up to 300 thousand rubles is needed for the first year of a child's life. 17% would save from 300 thousand rubles to 500 thousand rubles for this period, according to the results of a study by the financial marketplace <url>, which was reviewed by Izvestia on March 31.

One fifth of the respondents (21%) indicated 500,000 — 1 million rubles as the optimal financial cushion for the first year of life. More than 1 million rubles are needed by 15% of Russians, and 20% of compatriots are convinced that, ideally, a stable passive income should be provided for the birth of a child.

Experts also found that one in ten survey participants considers the availability of savings for the first year of a child's life to be an unprincipled issue if they can rely on a partner for the financial support of the family. About 7% of respondents indicated that family benefits, state support and an additional financial cushion are not necessary for the period of maternity leave.

What the state is getting richer: the level of Russians' welfare has increased

Financial literacy rates have also increased significantly

"The formation of savings for the period of birth and the first year of a child's life indicates the predominance of the savings model among Russians and generally demonstrates a high level of financial maturity of compatriots," said the executive director of the financial marketplace "Choose.<url>" Yaroslav Badzhurak.

Earlier, on February 19, it was reported that among the Russians surveyed, 53% of respondents want to learn how to manage finances competently, save money or invest. At the same time, a third of the respondents (29%) chose a gradual approach to the introduction of habits: they do not promise themselves to completely change their lives, but move forward in small steps. This follows from the results of a study of the brand of household appliances STARWIND.