91% of Poles feel paying off debts a moral obligation
Source: Pexels
According to the "Financial Morality of Poles 2024" report by the Association of Financial Enterprises in Poland (ZPF), 91% of Poles consider debt repayment to always be a moral obligation, while only 2% disagree. The study, led by Professor Anna Lewicka-Strzałecka, reveals a gradual decrease over recent years in those viewing debt repayment as an absolute moral duty, indicating growing uncertainty in Polish society. Men and younger individuals (18-29 years old), especially those experiencing financial difficulties or feeling mistreated by financial institutions, are more likely to disagree with the moral imperative of debt repayment.
The report's findings highlight shifting attitudes amidst economic improvements, with overall Polish adult indebtedness rising by 7% year-over-year as of April 2024, despite a decrease in financial problems among individuals. This suggests a deepening financial strain among those already struggling.
