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Key FactsMany Households Have Limited Financial Reserves
4 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: spiegel.de
  • A representative survey commissioned by Debeka found that 51 percent of adults can cover ongoing expenses for at least three months.

  • 22 percent could manage one month, while 23 percent could manage six; retirees were excluded from this question.

  • Under financial pressure, 54 percent would first cut consumer spending; only 14 percent would reduce savings or retirement contributions.

  • According to a separate consumer-climate study by GfK and NIM, the reintroduced fuel discount did not significantly improve consumers’ overall situation.
  • Consumers are becoming increasingly optimistic about economic developments, but when they look at their own wallets, skepticism still prevails.
    — Rolf Bürkl, consumer expert at the Nuremberg Institute for Market Decisions (NIM), commenting on the consumer climate study for November.
Debeka supports the BUGA29 health program / Partnership for a calisthenics | and...
presseportal.de/pm/57398/6380091
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USA: This is a problem that the rich and low earners have in common: High-income earners and low-income earners often face different challenges ...
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Emergency fund: How much should I have in my account for emergencies?: A broken washing machine or an unexpected bill can quickly become expensive ...
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Financial assets in Germany: More than a quarter have no savings: Private households in Germany are experiencing record wealth. Nevertheless ...
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Why many women save less than men: In Germany, women are significantly less likely to put money aside than men.
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Why many women save less than men
Why many women save less than men: In Germany, women are significantly less likely to put money aside than men.
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Why many women save less than men
How to save money in everyday life: If you know your expenses, you can save more specifically. Even small changes in everyday life can ultimately help you keep ...
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How to save money in everyday life