Russians told about the purpose of their savings

About 43% of respondents believe that financial goals should be discussed regularly or at least once every few months. This is reported in a study by VTB Bank, which was reviewed by Izvestia on January 10.

According to the study of analysts, more than half of Russians (51%) aim to create a safety cushion for their families. About a third of respondents (34%) plan to save up for the purchase of housing, and the main financial goal for 28% of respondents - to ensure a decent old age. In addition, a quarter of Russians (25%) seek to save for their children's education, and 8% want to buy housing for them. 9% of respondents have no financial goals for the future.

It is also noted that 40% of respondents reported a willingness to allocate from 10 to 20% of their income for joint savings. 21% expressed willingness to allocate up to 30% of their income for these purposes, and 12% - even more than half of their earnings.

Experts emphasize that 43% of respondents believe it is important to discuss financial goals regularly or at least every few months. In addition, 10% believe that once a year is enough to analyze the results and plan further steps.

In order to achieve goals, the respondents use different tools for savings. Half of Russians (50%) prefer to save money in deposits and accounts, 21% of respondents create joint savings in banks, and 7% invest in currency, securities and precious metals. Nevertheless, 21% of Russians admitted that they do not yet pay due attention to the issues of financial security in the future.

Last year, on December 29, Evgeny Shatov, Partner of Capital Lab, told Izvestia about the advantages of bank deposits. According to him, for depositors a bank deposit is an opportunity to secure their savings, preserve them and even increase them, while for credit organizations it is a way to get free funds that will work and generate income.