Half of Slovaks don't think about prices while shopping

Half of Slovaks don't think about prices while shopping

Nearly half of all Slovaks don't think about prices when they go on regular shopping trips to buy food and clothes, according to a survey conducted by the Slovenská sporiteľňa bank. However, a third of the respondents said that they save or borrow money for higher spending (such as appliances, furniture, and holidays). More men than women don't think about prices in stores, with almost half of Slovaks saying that they often spend more money than they originally planned. "Overall, however, Slovaks are more conservative, and up to 73 percent of the respondents usually think twice before they spend money on something," said the bank's analyst Lenka Buchláková.

It's interesting to note that there weren't big differences in the way that various age groups handle money. Most of the respondents in both the 15-29 and 30-49 age groups stated that they have money management under control and think about their future. The attitude of Slovaks to investing, such as in securities, stocks, bonds and funds, has become more positive year-on-year. A quarter of Slovaks have a positive opinion on investing, around half declared themselves neutral, while a quarter have a negative opinion.


Anca Dragu, Photo: Flickr.com/Esad Hajdarevic

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