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Saving habits of young Poles: 2024 report

11.09.2024 17:50
According to a report on savings among young people in Poland, over 77% of individuals aged 18-35 have savings for unforeseen expenses, while more than 12% do not have such funds.
Polish money, illustrative photo
Polish money, illustrative photofrycyk01/Pixaby.com/CC0

Among those surveyed, over 17% reported having savings exceeding 10,000 PLN (over 2,300 EUR).

The most common savings amount reported was over 5,000 PLN (over 1,100 EUR), according to the Polish state news agency PAP.

Younger individuals with higher incomes, particularly men from larger cities, are more likely to save, whereas those with lower incomes and less education face challenges in saving money.

Women are more likely than men to have no savings or to be unsure if they have any; this often applies to those with lower education levels and residents of smaller towns.

Łukasz Zieliński from SYNO Poland emphasizes the need for better financial education among young Poles, noting that the current state of savings is unsatisfactory.

The report on savings among young Poles was created based on a survey of over 800 Poles aged 18-35, conducted using CAWI methodology by experts from UCE RESEARCH and SYNO Poland.

Source: PAP/UCE RESEARCH

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