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Postbank survey – More than 40 percent of Germans dip into savings for everyday expenses
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Financial reserves: Only slightly less than half of Germans can survive a loss of income for three months
spiegel.de/wirtschaft/soziales/konsum-nur-knapp-die-haelfte-der-deutschen-haelt-einen-einkommensausfall-drei-monate-durch-a-c63a1f9c-aecb-4ecd-841e-72863022c325

Key FactsMany Households Have Limited Financial Reserves
4 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: spiegel.de
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.
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Becoming financially independent: These 5 decisions can make all the difference for women
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Without an emergency fund, it gets expensive: These mistakes will cost you a lot of money in an emergency
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No emergency fund: One in four households in Germany has no financial reserves.: Despite record wealth, one in four households in Germany has no financial ...
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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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Millions in the red: How the city of Rinteln plans to restructure its finances: City in the red / Savings and additional revenue needed / CDU criticizes ...
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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: In Germany, women are significantly less likely to put money aside than men.
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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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