Study: Half of Romanians can never make savings

At the same time, 69% of people interviewed answered they would not be able to save in the next 12 months, while only 7% are sure they could save while 19% are not sure.

On the other hand, when asked if they could get a credit in the following year, 83% said no, 2% yes and 85 could not be sure, according to NewsIn.At the same time, the strongest reasons to save are: "for a rainy day", "for safety and unpredictable situations" or "for the children's future". At the opposite pole, the Romanians are less motivated to save in case of unemployment, to invest in their own business or for pension.

The opinion poll shows that the average amount saved monthly is 328 lei, representing about 16% of the monthly income of a household. Only 3% of respondents declared they succeed to save more than 1,000 lei/month while 5% save 500-1000 lei/month, 10% between 300 and 500 lei, 29% said they save less than 300 lei.

People interviewed said they trusted investment funds and the exchange the least to place their savings.Asked about how much they trusted banks when they decide to save, 28% said not at all, 15% very little , 26% little, 18% a lot, and 5% very much.As for the exchange 41% said they did not trust them for savings, 15% very little , 16% little, 3% a lot and 1% very much.

As for saving through investment funds, 43% said they did not trust them, 15% very little, another 15% little, 4% a lot and 1% very much. The study was made by Metro Media Transylvania for the Fund Guaranteeing deposits in the banking system in October 2009, on a segment of adult population. The sample included 1199 subjects. The maximum theoretical tolerated error is +/-2.9% at a probability level of 95%.