Coronavirus epidemic and geopolitical situation affected the Russians’ financial behavior. An interview with such an opinion KP.RU Alexander Safonov, a Professor of Finance University under the Russian government, said. During the period of economic stability, people can spontaneously cover expenses, but today’s reality is forced to look at money differently, he said.
“People noticed that it was necessary to have a safety pillow that would generate income during the period of the main income. And then bank deposits start to work,” he said.
In addition, according to him, it affects the desire to recover quite high inflation. Many citizens postpone purchases in the hope that the situation will heal.
Accordingly Survey ResultsMoneyman, which is carried out by online alternative credit service, will save the majority of the Russians (75%) during the May holidays.
Among the first 5 categories in which participants plan to save, entertainment -43, large purchases for home (furniture, home appliances) -40, gadgets for personal use, 37%, holiday and travel -34, transportation (car service, taxi waste) -33 -33. Since multiple choice is given, the amount of response exceeds 100%.
Previously, an economist listed Beliefs that prevent you from protecting and increasing money.
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Source: Gazeta
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