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Domestic

Half of households able to save money – report

07:01

Nearly half of all households are able to set some money aside each months, even though they claim the current situation is not conducive to saving. Over the past year, however, the number of households that find it hard to make ends meet, live off their savings or incur debts has increased, according to a study done by financial enterprises confederation Związek Pracodawców.

Still, Polish households see their financial conditions as good. Over the past decade, the number of households incurring debts has decreased almost threefold and currently only 4 percent of households admit that. The percentage of household finding it hard to make ends meet has also dropped over the past 10 years from some 50 percent to 38 percent.

(PAP)

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