Reasons to save money Italy 2020

Published by
Fernando de Querol Cumbrera,
Feb 8, 2023
This statistic illustrates the results of a survey on the reasons why Italian households save their money in 2020. According to the figure, the vast majority of the respondents stated that they save money as a precaution (45 percent). Moreover, almost one in five respondents was saving money for retirement. Furthermore, approximately 17 percent of the households interviewed said that they were saving for their children.

What do you save money for?

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Release date

December 2020

Region

Italy

Survey time period

Febraury 5 to February 22, 2020

Number of respondents

1,516 respondents

Age group

18 years and older

Special properties

Repsondents who intentionally saved money

Method of interview

Computer-assisted personal interviews (CAPI)

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