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Russian women and money

Author: Elena Ivanova

Large Russian cities (especially Moscow and St Petersburg) may impress greatly. Beautiful buildings, prestigious restaurants and an eye-catching plenty of expensive cars. "Porshe", "Lexus" are not uncommon and don’t set at a gaze even in a province. This is a sleep, external side of life in Russia. But there is another one: credits, small salaries, a lack of savings. Further we are going to tell you about an attitude of Russian women towards money.

In accordance with the results of the poll, conducted by the All-Russian Public Opinion Research centre, only 30% of Russian women own savings. This number almost hasn’t changed during the last two years, moreover Russian women complain that the last days before a payment day they look forward to a new salary. And little wonder, for an average salary is 400-800 Euro a month (apart from Moscow  where there are much more opportunities for a career). Russian women save up (or would save up if they had an opportunity) for purchasing an apartment or a house (29%). Many Russian women also save up just in case (24%), for a rainy day (24%), for medical treatment (23%). Less put money aside for education (15%), rest (13%), a car (12%), in the event of job loss (11%). And only few of them thrift for purchasing expensive things (8%), land (7%), own business (4%), as additional income (3%).

The last few months has grown a number of the women who save up for a rainy day (from 20% to 24%) and for medical treatment (from 19% to 23%). Those who live paycheck to paycheck complain that they don’t feel confident about the future and don’t see any opportunity to increase their income in future. At that, almost a half of the interrogated Russian women consider savings to be a sum equivalent to two salaries - about 50 000 rubles or approximately 1250 Euro. All the above-mentioned means that the country is on the stage of development when it is too early to speak about stability. That is why many Russian women either work from morning till night, often have several jobs, or live with their parents to reduce expense. Nevertheless this situation doesn’t make them sad or pessimistic. A majority of Russian women posses the skill to accept life as it is, to overcome difficulties and to be happy because of every small success.


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