The vast majority of Russians – 71% – plan to spend no more than 20 thousand rubles on the May holidays this year. According to the results of a survey taken by MoneyMan by the editors of socialbites.ca, last year there were 62% of them.
Spend up to 10 thousand rubles. 26% of the participants gather. The expenses of 24% of the respondents will be 10-15 thousand rubles. The other 21% has a budget of 15-20 thousand rubles. The rest of the respondents will spend more than 20 thousand rubles. on holidays.
More than half of those surveyed, or 58%, said they would reduce their holiday spending overall in May this year compared to last year. In 2022, 47% said so. The remaining 42% of respondents this year will spend the same amount, increase their spending, or have yet to decide on their plans.
“The results of the survey indicate a general decline in consumer activity against the background of the transition to the savings behavior model, Russians are trying to minimize spending on secondary needs, including vacation expenses,” said Marketing Director Andrey Greznev. Money man.
The survey was conducted from April 1 to April 10, 2023. 3,000 participants aged 18 and over from across Russia took part. The survey results were compared with a similar study conducted in 2022.