At the same time, 6% of Romanians who save money have long-term investments, according to a GfK survey for non-banking financial company Provident.
Two in ten Romanians are interested in financial education to help them carry out long-term investments on the stock exchange or in the real estate sector.
One third of the respondents say they could boost their savings by means of financial education, while one quarter of the respondents say they could manage their daily expenses and the monthly budget better.
“Romanians have changed their financial habits lately, becoming more and more provident with their daily expenses and more interested in optimizing their personal finances in order to save and invest for the future. Moreover, we have noticed that financial education became a priority, reconfirming our strategy to support, starting with 2008, extensive programs meant to improve the knowledge on budget management and planning,” said Viktor Boczan, Provident Financial Romania general manager.
Over half (55%) of the clients of non-banking financial institutions in Romania are provident with their daily expenses.
On a European level, 4 of 10 respondents are interested in financial education to help them optimize monthly income and expenses.
The survey was conducted at the initiative of International Personal Finance, the group which includes Provident Romania, in eight countries where the group operates: Romania, Bulgaria, the Czech Republic, Lithuania, Poland, Slovakia, Hungary and Mexico.