A study shows that over 40% of Romanians save money, but the majority prefer to keep their cash at home.

According to a study conducted by Tavex Romania, Romanians have rudimentary saving habits, with over 40% of respondents choosing to keep cash at home. The study, carried out on a sample of 1,921 people, reveals that saving is primarily motivated by the need for financial security, not by the desire to accumulate wealth.

The majority of those who save set aside moderate amounts, and 86% do so to cope with unforeseen situations. Although 43% save regularly, financial discipline is influenced by income stability. The economic context, marked by inflation, affects the ability to save, and 74% of respondents are concerned about the erosion of money's value. The study suggests that Romanians prefer tangible assets and saving remains a mechanism of protection, not a long-term development strategy.

"We conducted this study because the discussion about saving and investing in Romania is often based on perceptions, not on real data about people's behavior. We wanted to understand what drives Romanians to save, what barriers they have, and how much confidence they have in their own financial decisions. We believe that financial education should be built starting from the reality of people's behaviors and fears, not just from theory," said Victor Dima, Treasury Manager at Tavex Romania.