Let's start by saying something about Italians (and their money).

[nrumohammadx1]

In fact, saving has always been a fundamental part for a large part of Italians who, despite the clichés that represent them as a people of wasteful cicadas, are actually much more careful and attentive in doing economy. From the latest surveys it seems that Italians are European and world champions when it comes to private savings. This is confirmed by the ninth edition of the European Consumer Payment Report , relating to the year 2021, which shows that 84% of Italians put aside a percentage of their salary every month, compared to a European average of 78% .

The main reason is the so-called “ unexpected expenses ” or pessimism el salvador phone data about the future , especially when it comes to old age and pensions. Pessimism that has further increased due to the recent health crisis.

The pandemic that is good for savings and bad for the economy
As expected, Covid-19 has had an impact on the financial sector and, in particular, on private savings.

If before, as we said, the inclination to save was given by a general feeling of uncertainty towards the future, now the pandemic has provided an additional reason to put aside ever-increasing sums of money.